The Property is a 98,426 square foot neighborhood center positioned on 12.08 acres along the main east/ west thoroughfare in Edinburg, Texas. The Property is located in a high growth, affluent trade area with average household incomes of over $112,000 within a one-mile radius of the shopping center. Trenton Plaza is a well-maintained property that offers a unique combination of stability provided by two long-term anchors and upside potential through the lease up of vacant space and rent growth.
The Property benefits from the area’s high traffic counts, driven by the area’s growth as well as its location across the street from some of the Rio Grande’s premier medical facilities including: South Texas Health Systems Edinburg, Solara Specialty Hospital, and Driscoll Children’s Hospital. The Property is 76% occupied with below market average rents of $14.38 psf.
