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Multi-Tenant Shopping Center
New
For Sale
$1,995,000

717 S 14th St, Kingsville, TX 78363

Two retail buildings provide multi-suite occupancy under triple-net leases along a primary commercial corridor.

Property Size17,400 SF
Price / SF$114.66
Days on Market3

Property Features for 717 S 14th St

General Information

Standard status Active
Size 17,400 SF
Property subtype Shopping Strip
Occupancy 77%

Financials

Asking Price $1,995,000
Cap Rate 7.31%

Additional Details

Road Access Yes

Amenities

Prime Retail Corridor Location: The property is situated on a high-traffic thoroughfare with consistent daily vehicle counts and strong local consumer activity.
Stable Tenant Base: The center is designed to accommodate a mix of service-oriented and necessity retail tenants that drive repeat local traffic.
Value-Add Potential: Opportunities exist to increase NOI through lease-up of vacancy, rental rate adjustments to market, and strategic property enhancements.
Favorable Market Dynamics: Kingsville serves as a regional hub for surrounding rural communities, supporting sustained retail demand.
Accessible Price Point: Compared to major Texas metros, this property offers investors higher yield potential.

Building Details

Building Size 17,400 SF
Year Built 1980
Buildings 2
Tenancy Multi
Listing Agency: Houston Office
Listed By: Gus Lagos · License #License(s): TX: 419197
Source: Marcusmillichap
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 2:23AM

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 Houston Office

Investment Insights

Based on property information with market context.

Cactus Center comprises two multi-tenant retail buildings totaling 17,400 square feet, with construction dating to 1980. The property is 77 percent occupied, includes two vacant units, and operates with triple-net leases. Approximately 23,440 square feet of vacant land is positioned behind the northernmost building.

The center spans 717 South 14th Street and 907 East Johnston Avenue in Kingsville, with visibility along South 14th Street and convenient ingress and egress. The surrounding area includes established residential neighborhoods and schools, with Texas A&M University–Kingsville identified among the nearby demand drivers.

The property reports a day-one cap rate of 7.31 percent and a pro forma cap rate of 10.89 percent if both vacant units are leased.

Key Highlights

  • Two multi‑tenant retail buildings totaling 17,400 square feet
  • Approximately 23,440 square feet of vacant land behind the northernmost building
  • 77 percent occupied with two vacant units

Property Analytics

Current Use

Vape City (Bike/Boat/Book/etc) Store 88 Massage Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Dental Office Grocery & Convenience Store Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby
155k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 20% Electronics 1%
McDonald's Dining
27,239 visits/mo 0.4 miles
Whataburger Dining
20,171 visits/mo 0.2 miles
SONIC Drive In Dining
17,591 visits/mo 0.2 miles
Taco Bell Dining
11,111 visits/mo 0.2 miles
Burger King Dining
8,058 visits/mo 0.4 miles

Demographics for 78363, TX

29,391
Population
12,919
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
84%
High-School Grad
152.1 sq mi
ZIP Area
193
Density / Sq Mi
$56,867
Median Household Income
$29,609
Median Earnings
$1,020
Median Rent
$155,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Two retail buildings provide multi-suite occupancy under triple-net leases along a primary commercial corridor.
Where is this shopping center located?
The property is located at 717 S 14th St Kingsville, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two multi‑tenant retail buildings totaling 17,400 square feet; Approximately 23,440 square feet of vacant land behind the northernmost building; 77 percent occupied with two vacant units
More about this property
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