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Broadway Commons 107 S Broadway St 12,874 SF 92% Leased Retail Building Elsa, TX 78543 $1,245,000 ($96.71/SF) 7.75% Cap Rate
Executive Summary
Below Market Rents & Gross Leases – Potentially Allowing for Immediate Upside in Converting Leases
Multiple MTM Leases and/or Upcoming Lease Expirations
Prime Location Near the Intersection of Broadway and Edinburg Ave — Elsa’s main retail Corridor, Home to Major Anchors such as Walmart and HEB
Average Suite Size is 1,609 SF - Proving Access to Large Pool of Tenants
Pylon Sign Visible to a Combined 35,176 Vehicles Per Day Along Broadway and Edinburg Ave
Surrounded by Top National Retailers – Walmart Supercenter, H-E-B, Whataburger, McDonalds, Dairy Queen, Dollar Tree, CVS, Wingstop, T-Mobile, AutoZone, and more.
Property Facts
Amenities
- Pylon Sign
- Energy Performance Rating - A
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Big Business LLC
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- -
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- Modified Gross
- Mar 2028
- Branson
- -
- -
- $15.07
- Modified Gross
- May 2028
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- Retailer
- -
- $12.00
- -
- Nov 2025
Dollar Plus More is a family owned business since 2018! Delighting customer with a variety of fantastic array of party supplies, office essentials and every day needs for your day to day moments.
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- Information
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Metro by T-Mobile provides prepaid wireless services without annual contracts. Originally founded in 1994 as General Wireless, the company became MetroPCS before merging with T-Mobile in 2013. The carrier offers various plans with unlimited talk and text, including high-speed data options and mobile hotspot capabilities. Customers benefit from multi-line discounts and access to T-Mobile's nationwide 5G and 4G LTE networks. The brand targets budget-conscious consumers seeking flexibility and value in mobile connectivity.
local driving school
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Big Business LLC | - | - | - | Modified Gross | Mar 2028 | |
| Branson | - | - | $15.07 | Modified Gross | May 2028 | |
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Retailer | - | $12.00 | - | Nov 2025 | |
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Information | - | - | - | - | |
| P & R Driving School | - | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | F7850-00-001-0009-00 | Improvements Assessment | $681,214 |
| Land Assessment | $253,786 | Total Assessment | $935,000 |
Property Taxes
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Research In Progress - Research In Progress
Presented by
Research In Progress
Broadway Commons | 107 S Broadway St
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