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Retail Space in McAllen, TX
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2800 W Expy 83, McAllen, TX 78501

New regional power center with high visibility and ample retail space.

Property Size200,000 SF
Days on Market1696

Property Features for 2800 W Expy 83

General Information

Standard status Active
Size 200,000 SF
Property subtype Retail

Building Details

Year Built 2016
Listing Agency: Merit CRE
Listed By: Brian Smith · License #TX-659889
Source: Crexi
Added: Dec 7, 2021 Changed: Jul 10 Last Checked: Jul 30 at 9:09AM

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 Merit CRE

Investment Insights

Based on property information with market context.

The Shops at 29 is a regional power center in McAllen, TX, offering over 200,000 square feet of retail space. The center is located along Expy 83/ IH-2 and features five pads fronting the expressway and a 60 ft expressway pylon sign. The Shops at 29 is adjacent to Palms Crossing, the McAllen Convention Center, and the McAllen Performing Arts Center, in a retail and restaurant area.

Key Highlights

  • Prime location on Expy 83/ IH‑2 with high visibility.
  • Over 200,000 square feet of retail space.
  • Located in a vibrant retail and restaurant area.

Property Analytics

Current Use

Shops at 29 Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Lease Benchmarks for McAllen, TX

$22.99 /SF/Yr
Avg Asking Price
$1.73–$31.92 /SF/Yr
Price Range
7,583 SF
Avg Space Size

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Palms Crossing — 3300 W Expy 83, McAllen, TX 78501
  • McAllen river walk — Boeye Levee, McAllen, TX 78503
  • Shops at 29 — 2800 W Expy 83, McAllen, TX 78501
  • Coin Cloud Bitcoin ATM — 2700 W Expy 83 Suite 200, McAllen, TX 78501
  • plaza jass — 2212 Ithaca Ave, McAllen, TX 78501

Frequently Asked Questions

What type of property is this?
Shopping center - New regional power center with high visibility and ample retail space.
Where is this shopping center located?
The property is located at 2800 W Expy 83 McAllen, TX.
What are key features of this property?
This property features: Prime location on Expy 83/ IH‑2 with high visibility.; Over 200,000 square feet of retail space.; Located in a vibrant retail and restaurant area.
(210) 571-8000 Call to check price and availability
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