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Highway 281 & Canton Rd

1,275 - 8,400 SF of Retail Space Available in Edinburg, TX 78542

Highlights

  • The 2022 population within a 5-mile radius of the property is 204,656 residents, providing a sizable local market.
  • US Hwy 281 had 100,931 vehicles per day in 2021, and E Canton Rd averaged 15,039 vehicles per day in 2019, showing substantial traffic flow.
  • Daytime population within the same 5-mile radius reaches 208,716 people, highlighting significant potential foot traffic for businesses in the area.
  • Edinburg hosts Hidalgo County's largest school district and the only medical school south of San Antonio, pivotal for education and healthcare.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,275-8,400 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
Shell Space
Availability
Now
Space Size Term Rental Rate Rent Type
1st Floor 1,275-8,400 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
1,275-8,400 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

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.

SITE PLAN

PROPERTY FACTS FOR Highway 281 & Canton Rd , Edinburg, TX 78542

Min. Divisible 1,275 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 8,400 SF
Year Built 2025
Parking Ratio 4.17/1,000 SF
Construction Status Proposed

About the Property

Located at the southeast corner of Hwy-281 and Canton Rd in Edinburg, Texas, this 8,400 square foot retail property enjoys a prime location in one of the Rio Grande Valley's largest and fastest-growing cities. Edinburg has experienced significant growth, with a 30% increase in population over the past decade, solidifying its position as a key economic hub in the region. Anchored by Walmart, the property benefits from a strong retail environment surrounded by major national chains such as Harbor Freight, AMC Theater, Petco, Big Lots, Burlington, TJ Maxx, Ross, Academy, Burkes Outlet, and Ulta. This diverse mix of retailers makes the area a magnet for shoppers and enhances foot traffic, boosting potential business opportunities. Driving the local economy are major institutions like Doctor’s Hospital at Renaissance (DHR Health), University of Texas Rio Grande Valley (UTRGV), South Texas Health System Edinburg, Edinburg CISD, and US Customs and Border Patrol, collectively employing thousands of individuals. These institutions not only contribute significantly to employment but also bolster the area's economic stability and attractiveness for investment in retail and commercial properties.

  • Listing ID: 30276102

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: Highway 281 & Canton Rd, Edinburg, TX 78542

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