Skip to main content

Shopping Strip

Weslaco Retail Center

915 E Expressway 83, Weslaco, TX 78599

Listing Price: $3,840,000

Cap Rate
6.50%
Gross SF
9,645
Rentable SF
9,645
Price/Gross SF
$398.13
Lot Size
1.12 acres
Year Built
2021

Investment Overview

Weslaco Retail Center is a 9,645-square-foot, multi-tenant retail center located in Weslaco, Texas. The property offers a prime opportunity for an investor to acquire a fully-leased retail outparcel to Lowe's Home Improvement. Currently 100 percent leased, all leases are triple-net. The tenant base is comprised of credit and regional tenants including Sport Clips, Heroes Dental, Wing Barn, and Crumbl Cookies. The building is new 2021 construction and is situated on a 1.1-acre lot with concrete parking. A multi-tenant pylon sign provides additional visibility to the center. The subject property is strategically positioned on West Expressway 83 and benefits from high traffic counts of approximately 105,400 vehicles per day. Weslaco Retail Center is located on the northeast corner of Expressway 83 and Bridge Avenue. Lowe's Home Improvement sits to the north of the property, and a Starbucks single-tenant building will be constructed on the adjacent pad site to the subject property. Other national and regional retailers in the neighboring area consist of Academy Sports & Outdoors, Petco, TJ Maxx, JCPenney, Chuck E. Cheese's, Walmart, H-E-B Grocery, Big Lots!, Tractor Supply Co., The Home Depot, Ross Dress For Less, Chick-fil-A, and many more. The surrounding area is densely populated with a five-mile population of 108,863 residents. Weslaco Retail Center is in close proximity to Weslaco High School, Sam Houston Elementary School, FD Roosevelt Elementary School, South Texas College – Mid-Valley Campus, and an H-E-B distribution center.

Investment Highlights

  • 9,645-Square-Foot, Multi-Tenant Shopping Center
  • Outparcel to Lowe's Home Improvement
  • Fully Stabilized Asset | 100% Leased with all Triple-Net Leases
  • Strong Tenant Based Comprised of National and Regional Retailers | Crumbl Cookies is Currently the Fastest Growing Cookie Company in the Nation
  • High-Traffic Location on Expressway 83 | Approximately 105,400 Vehicles per Day | Excellent Access and Visibility from Expressway 83 | Multi-Tenant Pylon Sign Provides Additional Visibility

Exclusively Listed By

Financing By

Shopping Strip

Weslaco Retail Center

Listing Price: $3,840,000

Cap Rate
6.50%
Gross SF
9,645
Rentable SF
9,645
Price/Gross SF
$398.13
Lot Size
1.12 acres
Year Built
2021

Investment Highlights

  • 9,645-Square-Foot, Multi-Tenant Shopping Center
  • Outparcel to Lowe's Home Improvement
  • Fully Stabilized Asset | 100% Leased with all Triple-Net Leases
  • Strong Tenant Based Comprised of National and Regional Retailers | Crumbl Cookies is Currently the Fastest Growing Cookie Company in the Nation
  • High-Traffic Location on Expressway 83 | Approximately 105,400 Vehicles per Day | Excellent Access and Visibility from Expressway 83 | Multi-Tenant Pylon Sign Provides Additional Visibility

Investment Overview

Weslaco Retail Center is a 9,645-square-foot, multi-tenant retail center located in Weslaco, Texas. The property offers a prime opportunity for an investor to acquire a fully-leased retail outparcel to Lowe's Home Improvement. Currently 100 percent leased, all leases are triple-net. The tenant base is comprised of credit and regional tenants including Sport Clips, Heroes Dental, Wing Barn, and Crumbl Cookies. The building is new 2021 construction and is situated on a 1.1-acre lot with concrete parking. A multi-tenant pylon sign provides additional visibility to the center. The subject property is strategically positioned on West Expressway 83 and benefits from high traffic counts of approximately 105,400 vehicles per day. Weslaco Retail Center is located on the northeast corner of Expressway 83 and Bridge Avenue. Lowe's Home Improvement sits to the north of the property, and a Starbucks single-tenant building will be constructed on the adjacent pad site to the subject property. Other national and regional retailers in the neighboring area consist of Academy Sports & Outdoors, Petco, TJ Maxx, JCPenney, Chuck E. Cheese's, Walmart, H-E-B Grocery, Big Lots!, Tractor Supply Co., The Home Depot, Ross Dress For Less, Chick-fil-A, and many more. The surrounding area is densely populated with a five-mile population of 108,863 residents. Weslaco Retail Center is in close proximity to Weslaco High School, Sam Houston Elementary School, FD Roosevelt Elementary School, South Texas College – Mid-Valley Campus, and an H-E-B distribution center.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower