Building Details

Building Size 1,376 SF

Year Built 2005

Stories 1

Listing Agency: Show Phone

Listed By: Juan M. Hernandez

Source: Cncrealtyrgv

Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:20AM

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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 Juan M. Hernandez

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Investment Insights

Based on property information with market context.

This retail strip center was built in 2005 and is offered for rent. The property is positioned just off Expressway 83 in a commercial corridor.

Key Highlights

• Built in 2005
• Located just off Expressway 83

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Electrical Service

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$3.94 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

985

Businesses Nearby

Explore this area Business Placement

Demographics for 78572, TX

78,280

Population

32,696

Households

2.4

Avg Household Size

36

Median Age

25%

College-Educated

75%

High-School Grad

53.7 sq mi

ZIP Area

1,458

Density / Sq Mi

$54,029

Median Household Income

$30,004

Median Earnings

$900

Median Rent

$121,900

Median Home Value

Market

Lease Benchmarks for Mission, TX

$16.41 /SF/Yr

Avg Asking Price

$2.09–$26.27 /SF/Yr

Price Range

6,982 SF

Avg Space Size

This space is priced 60% above the average of $16.41 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - The retail property sits just off Expressway 83, with access to a commercial corridor.

Where is this strip mall located?

The property is located at 727 Sw Expressway 83 5 Mission, TX.

What is the lease rate?

The lease rate is $3,012/Mo.

What are key features of this property?

This property features: Built in 2005; Located just off Expressway 83