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Multi-Tenant Retail Center with Drive-Through

4623 S Alamo Road Edinburg Edinburg, TX 78542

New
4623 S Alamo Road Edinburg, Edinburg, TX, 78542
$4,200,000
For Sale
Claim this Listing
$4,200,000

Income-producing retail center with 15 units and two end-cap spaces featuring drive-through capability.

Property Size25,806 SF
Price / SF$162.75
AddedJul 14
Days on Market2
Last RefreshJul 15 at 1:58 am

Property Features for 4623 S Alamo Road Edinburg

General Information

Standard status
Active
Size
25,806 SF

Building Details

Year Built
2008

Listing office

Listing date Jul 14, 2026

Source Goldenvalley-realestate

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Reynaldo Montez


Investment Insights

Based on property information with market context.

Income-producing multi-tenant retail center featuring 15 units totaling 25,806 SF, including two end-cap spaces with drive-through capability. The tenant mix includes necessity-based retail and service operators anchored by Domino’s Pizza.

The property is positioned along Alamo Rd near Trenton Rd in East Edinburg and offers strong frontage with convenient ingress and egress for daily customer access.

With its multi-unit layout and drive-through end-cap configuration, the center is designed to support a range of neighborhood-serving retail and service uses.

Key Highlights

  • Multi‑tenant retail strip mall at 4623 Alamo Rd, Edinburg, TX, with 15 units totaling 25,806 SF
  • Two end‑cap spaces with drive‑through capability, suited for QSR and service‑oriented tenants
  • Necessity‑based tenant mix anchored by Domino’s Pizza, plus multiple local retail and service operators

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $449.0k $17.40
− Vacancy −$38.2k −$1.48
EGI $410.9k $15.92
− OpEx −$123.3k −$4.78
NOI $287.6k $11.14
25,806 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.11M
$3.60M – $4.79M (±1% cap)
NOI $287,600 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.70M
$5.86M – $7.81M (±1% cap)
NOI $468,720 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Law Firm Building Supply Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom Bakery Locksmith Skin Care Clinic Cafe & Coffee Shop Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Hopewell Mall Plaza — 4711 S Alamo Rd, Edinburg, TX 78542

FAQs

What type of property is this?
Shopping center - Income-producing retail center with 15 units and two end-cap spaces featuring drive-through capability.
Where is this shopping center located?
The property is located at 4623 S Alamo Road Edinburg Edinburg, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Multi‑tenant retail strip mall at 4623 Alamo Rd, Edinburg, TX, with 15 units totaling 25,806 SF; Two end‑cap spaces with drive‑through capability, suited for QSR and service‑oriented tenants; Necessity‑based tenant mix anchored by Domino’s Pizza, plus multiple local retail and service operators
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