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Penitas, TX NNN Properties for Sale

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La Joya, TX Mission, TX Palmview, TX Sullivan City, TX Edinburg, TX Alton, TX Palmhurst, TX Mcallen, 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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

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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Single-Tenant NNN Property
Single-Tenant NNN Property

114 W 9th St, Mission, TX 78572

Contact for pricing
13,858 sqft

The property is occupied by Biomat USA under a triple-net lease with no landlord responsibilities.

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Valero Gas Station with NNN Lease
Valero Gas Station with NNN Lease

1622 North 23rd Street, Mcallen, TX 78501

Contact for pricing
4,400 sqft

Branded fuel retail property backed by a long-term absolute NNN lease.

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NNN Retail Investment with Lease Guarantee
NNN Retail Investment with Lease Guarantee

5008 W Expy 83, Mcallen, TX 78503

Contact for pricing

NNN retail investment backed by Goodwill Industries of South Texas, with 15+ years remaining on lease.

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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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hidalgo County

Retail

Office

Residential Income

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