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Nexus Plaza 6994 Expressway 77
1,225 - 7,452 SF of Office/Retail Space Available in Olmito, TX 78575
Highlights
- Location: Situated in the fastest-growing area of Olmito, TX, between Rancho Viejo and Brownsville, with high traffic and surrounded by several subdiv
- Modern Construction: The property is being built with contemporary features and materials, ensuring a modern, attractive environment for tenants.
- Growing Area: The Olmito region is one of the fastest-growing areas in the vicinity, making it an ideal location for businesses.
- Construction Status: Currently under construction, with spaces available for lease upon completion in 2025.
- Strategic Location: The plaza’s location between Rancho Viejo and Brownsville places it in a prime spot within Olmito.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 1,347 SF | - | Negotiable | $36.97 CAD/SF/YR $3.08 CAD/SF/MO $397.96 CAD/m²/YR $33.16 CAD/m²/MO $4,150 CAD/MO $49,801 CAD/YR | Triple Net (NNN) | |
1st Floor | 1,487 SF | - | Negotiable | $36.97 CAD/SF/YR $3.08 CAD/SF/MO $397.96 CAD/m²/YR $33.16 CAD/m²/MO $4,581 CAD/MO $54,977 CAD/YR | Triple Net (NNN) | |
1st Floor | 1,628 SF | - | Negotiable | $36.97 CAD/SF/YR $3.08 CAD/SF/MO $397.96 CAD/m²/YR $33.16 CAD/m²/MO $5,016 CAD/MO $60,190 CAD/YR | Triple Net (NNN) | |
1st Floor | 1,225 SF | 14’ - 19’ | Negotiable | $36.97 CAD/SF/YR $3.08 CAD/SF/MO $397.96 CAD/m²/YR $33.16 CAD/m²/MO $3,774 CAD/MO $45,291 CAD/YR | Triple Net (NNN) | |
1st Floor | 1,765 SF | - | Negotiable | $36.97 CAD/SF/YR $3.08 CAD/SF/MO $397.96 CAD/m²/YR $33.16 CAD/m²/MO $5,438 CAD/MO $65,256 CAD/YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
1st Floor
Rentable space from 1,225sqft. to 7,452sqft.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Finished Ceilings: 14’ - 19’
- Space is in Excellent Condition
- Security System
- High Ceilings
- Open-Plan
- Wheelchair Accessible
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
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.
PROPERTY FACTS FOR 6994 Expressway 77 , Olmito, TX 78575
Property Type | Retail | Year Built | 2025 |
Property Subtype | Storefront | Construction Status | Under Construction |
Gross Leasable Area | 7,452 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 7,452 SF |
Year Built | 2025 |
Construction Status | Under Construction |
About the Property
Nexus Plaza, located at 6994 Expressway 77 in Olmito, TX, offers 1,225 to 7,452 square feet of office and retail space for lease. The property is currently under construction and is expected to be completed in 2025. Positioned in the fastest-growing area of Olmito, between Rancho Viejo and Brownsville, it benefits from high visibility and is surrounded by numerous subdivisions, making it an attractive option for businesses looking to capitalize on the area’s growth. The available spaces range from 1,225 to 1,765 square feet, all located on the first floor. Ceiling heights vary, with some spaces offering heights between 14’ and 19’. The spaces are available for lease at a rate of $24.00 per square foot per year, on a Triple Net (NNN) lease basis, with terms negotiable. The total gross leasable area of the property is 7,452 square feet. This location provides a great opportunity for retail or office tenants looking for modern space in a high-traffic, rapidly developing area.
Presented by
Nexus Real Estate Services Inc.
Nexus Plaza | 6994 Expressway 77
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