512 E Edinburg Ave Elsa, TX 78543
For Lease
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This exceptional retail opportunity presents a 14,400 square foot shopping center situated on a 1.56-acre lot in Elsa, Texas. The property, located at 512 E Edinburg Ave, 78543, within Hidalgo County, features a single, one-story building housing seven individual suites, ideal for a variety of retail tenants. Currently, there are multiple tenants occupying the center. The property's strategic location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking high foot traffic. Two pad sites are also available, measuring approximately 0.77 acres and 0.79 acres respectively, providing additional development potential. This HEB-anchored center benefits from the significant draw of a major grocery store, ensuring a consistent flow of customers. The property's strong location, combined with the available pad sites and existing tenant base, presents a compelling opportunity for investors and businesses alike. The property is classified as Retail, Shopping Center, Land, Ground Lease, and QSR, offering flexibility for various business types. This is a rare chance to acquire a well-established retail center with significant growth potential in a thriving Texas market.
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Rodeo Dental & Orthodontics of Elsa Dental Office
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H-E-B Pharmacy Pharmacy
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H-E-B Grocery & Convenience Store Food Market
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H-E-B Fuel Gas Station
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Wingstop Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.