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Penitas, TX NNN Properties for Sale

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La Joya, TX Mission, TX Palmview, TX Edinburg, TX Sullivan City, TX Alton, TX Mcallen, TX Los Ebanos, TX
Freestanding Sonic Investment Property
Updated: Jun 10, 2025
Freestanding Sonic Investment Property

1815 E Expressway 83, Penitas, TX 78576

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1,227 sqft
Brand new 20‑year absolute NNN lease offers a management‑free, passive investment.
Enjoy steadily growing NOI and inflation hedging with 7.5% rental increases every 5 years.
Located in a high‑traffic area near U.S. Highway 83 (55,900 VPD) and a Walmart Supercenter.
Brand new construction (2024) with modern amenities and design.
Situated in a developing fast food area with national tenants.
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See hot listings in Penitas

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Express Car Wash
Freestanding Express Car Wash

701 W Ridge Rd, Pharr, TX 78577

$3,480,116
3,034 sqft 1.65 AC lot

Express car wash with a long-term absolute NNN lease and corporate guarantee in an established Texas trade area.

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NNN Multi-Building Property
NNN Multi-Building Property

2901 S Sugar Road, Pharr, TX 78577

$1,250,000
13,208 sqft 0.81 AC lot

Two-lot commercial property with multiple buildings and a mix of NNN and modified gross leases.

View details
Olive Garden NNN Ground Lease
Olive Garden NNN Ground Lease

1405 E Expressway 83, Mission, TX 78572, Mission, TX 78572

$3,368,000
7,805 sqft

High-performing Olive Garden with long-term ground lease in Mission, TX.

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Whataburger NNN Property
Whataburger NNN Property

801 E. 9th Street, Mission, TX 78572

Contact for pricing
3,060 sqft

Whataburger property with an established lease structure and multiple extension options.

View details

Penitas, TX Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 1,227 square feet of properties for sale.

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Demographics Overview

Population 14K
Population Growth (5Y) +26.7%
Median Household Income $48,205
College Educated 8.6%

Taxes & Financing

Tax Rate (average for all types) 2.50%
Property Tax per SF $63.66 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hidalgo County

New Delisted

Total CRE Inventory on Market (SF)

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