2800 Expressway 83 McAllen, TX 78501
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.
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Shops at 29 Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.