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N 23rd & E Expressway 83 st
Penitas, TX 78576
 Retail Property For Sale

Retail Spaces Texas Penitas N 23rd & E Expressway 83 st, Penitas, TX 78576

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Investment Highlights

  • Rent Commencement: May 27, 2026 (Estimated); 15-Yr Abs. NNN Lease with 10% Rent Increases Every 5 Yrs in both Primary Term & Option Periods
  • Adjacent to the Future Penitas Crossing, 58 AC Retail Center – Burlington, Ross, Marshalls, Five Below, LongHorn Steakhouse, and Olive Garden
  • Prime Location within Liberty Corners Retail Center with Direct Frontage on US-83; Shadow-Anchored by Walmart & Home Depot
  • Penitas, TX – Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers & More

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,853 SF
Building Class
B
Year Built
2026
Price
$10,898,326 CAD
Price Per SF
$2,245.69 CAD
Cap Rate
5%
NOI
$544,904 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.04 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number H4250-01-000-0233-00 Improvements Assessment $0 CAD
Land Assessment $5,126 CAD Total Assessment $5,126 CAD

Property Taxes

Parcel Number
H4250-01-000-0233-00
Land Assessment
$5,126 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,126 CAD
 

  • Listing ID: 40757068

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: N 23rd & E Expressway 83 st, Penitas, TX 78576

The Retail Property at N 23rd & E Expressway 83 st, Penitas, TX 78576 is currently available for Sale. Contact Secure Net Lease for more information.

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