Weslaco Retail Center

Price: $3,840,000
Sq. Ft.: 9,645
Cap Rate: 6.5%
Built: 2021
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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.

  • 9,645-Square-Foot, Multi-Tenant Shopping Center
  • Outparcel to Lowe’s Home Improvement
  • Fully Stabilized Asset | 100% Leased with all Triple-Net Leases
  • Complementary Mix of Service-Oriented Businesses
  • Strong Tenant Based Comprised of National and Regional Retailers | Crumbl Cookies is Currently the Fastest Growing Cookie Company in the Nation
  • New (2021) Construction | Situated on a 1.1-Acre Parcel with Ample Concrete Parking
  • Adjacent to Pad Site for a Starbucks Store that is Currently Under Construction
  • 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
  • Close Proximity to Many Schools, Providing Additional Traffic to the Area
  • Located in a Dense Retail Trade Area | Near Numerous National Retailers Including 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 More
  • Densely Populated Area | 111,375 Residents Within a Five-Mile Radius
  • Located in the Reynosa-McAllen Metropolitan Area, Serving a Population of 1.5 Million
  • 60 Minutes from South Padre Island | One of Texas’ Top Tourist Destinations