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    2800 Expressway 83 McAllen, TX 78501
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    2800 Expressway 83, McAllen, TX 78501

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    • Retail properties & Spaces
    • 291,500 SF
    • 24.60 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shops at 29 / Shopping Center & Mall

    Property Details for 2800 Expressway 83

    Year built
    2016
    Lot size
    24.60 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    The Shops at 29, a Class B retail power center in McAllen, TX's Greater McAllen submarket, offers exceptional opportunities for businesses seeking high-visibility locations. This 291,500 square foot center boasts eight buildings situated on 24.6 acres of land, with individual lot sizes ranging from 1.17 to 1.47 acres. Currently, there are three suites available, totaling 15,021 square feet of vacant space. Flexible lease options are available, with minimum divisible space at 1,540 square feet and a maximum contiguous space of 8,780 square feet. Built in 2016, the single-story buildings feature convenient access and high visibility due to their prominent location along Expressway 83/IH-2. The property benefits from a 60-foot expressway pylon sign and five pads fronting the expressway, ensuring maximum exposure. The Shops at 29 enjoys a strategic location adjacent to popular destinations such as Palms Crossing, the McAllen Convention Center, and the McAllen Performing Arts Center, benefiting from high traffic counts of 147,825 vehicles per day on Expressway 83/IH-2. The property's APN is S3280-00-000-002A-00 and is cross-street accessible via South 29th Street. Second-generation spaces are available, ranging from 1,540 square feet to 3,001 square feet, and larger spaces up to 8,780 square feet are also available. This is an ideal location for a variety of retail and restaurant businesses seeking a thriving market in a high-traffic area. No elevators are present on the property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2524
    Latitude
    26.1946
    More about this property
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