Mercedes, TX Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Mercedes, TX
Mercedes, TX Shopping centers Lease Rates & Market Statistics
Browse 9 Shopping centers for lease in Mercedes, TX on Realmo, a commercial real estate marketplace serving the Mercedes area. The current inventory totals 45,224 square feet of properties.
Shopping centers lease rates in Mercedes range from $4.82 SF/Yr at the entry level to $18 SF/Yr at the top of the market, averaging $8.91 SF/Yr. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $8.91 SF/Yr, the local average runs 47% below Texas's state average of $16.66 SF/Yr.
Mercedes accounts for 6% of the 145 shopping centers currently available across Hidalgo County, where nearby markets include Edinburg and Mcallen. Shopping centers make up 69% of the 13 Retail properties & Spaces currently for lease in Mercedes, with asking rates averaging $8.91 SF/Yr — 20% above the citywide Retail properties & Spaces average of $7.43 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (6 listings) elsewhere in the Mercedes market.
