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Mercedes Plaza 105 S Texas Ave 1,388 - 5,403 SF of Space Available in Mercedes, TX 78570
HIGHLIGHTS
- Great Visibility
- 2nd Generation Restaurant
- Less than 1 mile from RGV Livestock Show Grounds
- Easy Access
- Just blocks from City Hall, PD, and Chamber of Commerce
- At Signalized Intersection
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 2,015 SF | 4-5 Years | $24.70 CAD/SF/YR $2.06 CAD/SF/MO $49,780 CAD/YR $4,148 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste F | 2,000 SF | 4-5 Years | $20.59 CAD/SF/YR $1.72 CAD/SF/MO $41,175 CAD/YR $3,431 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G | 1,388 SF | 4-5 Years | $20.59 CAD/SF/YR $1.72 CAD/SF/MO $28,575 CAD/YR $2,381 CAD/MO | Triple Net (NNN) |
105-109 S Texas Ave - 1st Floor - Ste 103
2nd Generation Restaurant
- Lease rate does not include utilities, property expenses or building services
105-109 S Texas Ave - 1st Floor - Ste F
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 16 People
105-109 S Texas Ave - 1st Floor - Ste G
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 12 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MERCEDES PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar Tree
- Dollar/Variety/Thrift
- 10,765
- International
- Little Caesars
- Pizza
- 4,805
- International
- Papa Joe's Cafe
- Restaurant
- 1
- Local
- Texan Credit Corporation
- Finance Company
- 50
- Local
- World Finance
- Finance Company
- 1,240
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar Tree | Dollar/Variety/Thrift | 10,765 | International |
| Little Caesars | Pizza | 4,805 | International |
| Papa Joe's Cafe | Restaurant | 1 | Local |
| Texan Credit Corporation | Finance Company | 50 | Local |
| World Finance | Finance Company | 1,240 | National |
PROPERTY FACTS
| Total Space Available | 5,403 SF | Frontage | 2,098’ on E Expressway 83 |
| Center Type | Strip Center | Gross Leasable Area | 25,211 SF |
| Parking | 128 Spaces | Total Land Area | 0.65 AC |
| Stores | 7 | Year Built | 1971 |
| Center Properties | 1 |
| Total Space Available | 5,403 SF |
| Center Type | Strip Center |
| Parking | 128 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | 2,098’ on E Expressway 83 |
| Gross Leasable Area | 25,211 SF |
| Total Land Area | 0.65 AC |
| Year Built | 1971 |
ABOUT THE PROPERTY
25,388 SF Plaza, located at a signalized intersection of Texas Ave. and Business 83. Current tenant mix includes Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe. At short distance from IH-2 and surrounding big retailers such as H-E-B, Family Dollar, AutoZone, and restaurants like Stars, DQ, and Pizza Hut. *Suite 103 is currently occupied but is available for a 2nd Gen.? Restaurant
- Corner Lot
- Pylon Sign
- Restaurant
NEARBY MAJOR RETAILERS
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Mercedes Plaza | 105 S Texas Ave
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