Shopping Center with Restaurant
New
For Sale
Contact for pricing
510 N Salinas Boulevard, Donna, TX 78537
The 2018-built property includes second-generation restaurant and barber shop spaces, plus established food and service tenants.
Property Size19,847 SF
Price / SF$0.15
Days on Market2
Property Features for 510 N Salinas Boulevard
General Information
Standard status
Active
Size
19,847 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Building Details
Year Built
2018
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:52PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
Donna Crossing is a 19,847-square-foot shopping center at 510 N Salinas Boulevard in Donna, Texas. Built in 2018, the property includes second-generation restaurant and barber shop spaces. Existing co-tenants include Muelle 37, Moran's Pizzeria, Action Credit, Bridgepoint Insurance, and Nicky's Event Center.
The center is located minutes from US-83/I-2, within an established commercial corridor in Donna.
The center is located minutes from US-83/I-2, within an established commercial corridor in Donna.
Key Highlights
- 19,847‑square‑foot shopping center built in 2018
- Available second‑generation restaurant and barber shop spaces
- Co‑tenants include Muelle 37, Moran's Pizzeria, Action Credit, Bridgepoint Insurance, and Nicky's Event Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$267,977
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,359,540
$5.4M
Cap Rate 7%
$3,828,243
$3.8M
Cap Rate 9%
$2,977,522
$3.0M
Market Conditions
NOI Build-Up for 19,847 SF
Gross rent
$407.3K $20.52/SF
− Vacancy
−$24.4K −$1.23/SF
EGI
$382.8K $19.29/SF
− OpEx
−$114.8K −$5.79/SF
NOI
$268.0K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,359,540
Cap Rate 7%
$3,828,243
Cap Rate 9%
$2,977,522
Alternative Uses
Best Use
Retail
$3.83M
$3.35M – $4.47M
NOI $267,977 @ 7.0% cap · market cap 9,130.39%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$14.95M
$13.08M – $17.44M
NOI $1,046,433 @ 7.0% cap · market cap 35,653.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
648k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 26%
Superstores 21%
Apparel 18%
Walmart
Superstores
136,191 visits/mo
0.4 miles
Burlington
Apparel
60,292 visits/mo
0.4 miles
Five Below
Shops & Services
51,803 visits/mo
0.4 miles
Circle K
Shops & Services
51,715 visits/mo
0.3 miles
Ross Dress for Less
Apparel
47,229 visits/mo
0.4 miles
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Donna Crossing (Plaza) — 510 N D Salinas Blvd, Donna, TX 78537
- Donna black gold — 603 N 11th St, Donna, TX 78537
- Quick-Tag — walmart supercenter, 900 n salinas blvd, donna, tx 78537
Frequently Asked Questions
What type of property is this?
Shopping center - The 2018-built property includes second-generation restaurant and barber shop spaces, plus established food and service tenants.
Where is this shopping center located?
The property is located at 510 N Salinas Boulevard Donna, TX.
What are key features of this property?
This property features: 19,847‑square‑foot shopping center built in 2018; Available second‑generation restaurant and barber shop spaces; Co‑tenants include Muelle 37, Moran's Pizzeria, Action Credit, Bridgepoint Insurance, and Nicky's Event Center
