Five-Suite Retail
New
For Sale
Contact for pricing
705 W Nolana Loop, Pharr, TX 78577
New construction offers flexible suite combinations for businesses seeking retail space along a commercial corridor.
Property Size1,885 SF
Price / SF$3.04
Days on Market2
Property Features for 705 W Nolana Loop
General Information
Standard status
Active
Size
1,885 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:43PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Planned for completion in Q4 2026, this retail center at 705 W. Nolana Loop will comprise five suites totaling approximately 9,033 square feet. Individual spaces range from about 1,755 to 9,033 square feet, with adjacent suites available to combine for a larger contiguous layout.
The property sits west of Interstate 2/I-69C and east of Sugar Road. Dollar Tree is adjacent, and Monarch Apartments is across the street.
The property sits west of Interstate 2/I-69C and east of Sugar Road. Dollar Tree is adjacent, and Monarch Apartments is across the street.
Key Highlights
- Five retail suites totaling approximately 9,033 square feet
- Suite sizes range from approximately 1,755 to 9,033 square feet
- Adjacent suites can be combined for up to approximately 9,033 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,452
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,040
$509.0K
Cap Rate 7%
$363,600
$363.6K
Cap Rate 9%
$282,800
$282.8K
Market Conditions
NOI Build-Up for 1,885 SF
Gross rent
$38.7K $20.52/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$36.4K $19.29/SF
− OpEx
−$10.9K −$5.79/SF
NOI
$25.5K $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%
$509,040
Cap Rate 7%
$363,600
Cap Rate 9%
$282,800
Alternative Uses
Best Use
Retail
$363.6K
$318.2K – $424.2K
NOI $25,452 @ 7.0% cap · market cap 444.19%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.42M
$1.24M – $1.66M
NOI $99,387 @ 7.0% cap · market cap 1,734.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 21%
Electronics 5%
Family Dollar
Shops & Services
8,774 visits/mo
0.5 miles
Wingstop
Dining
5,495 visits/mo
0.5 miles
AutoZone
Shops & Services
4,653 visits/mo
0.4 miles
French Ellison Truck Center
Shops & Services
3,449 visits/mo
0.5 miles
Watermill Express
Shops & Services
1,874 visits/mo
0.1 miles
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
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
Frequently Asked Questions
What type of property is this?
Retail space - New construction offers flexible suite combinations for businesses seeking retail space along a commercial corridor.
Where is this retail space located?
The property is located at 705 W Nolana Loop Pharr, TX.
What are key features of this property?
This property features: Five retail suites totaling approximately 9,033 square feet; Suite sizes range from approximately 1,755 to 9,033 square feet; Adjacent suites can be combined for up to approximately 9,033 square feet
