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Westgate Shopping Center - Availability Details

1504 West Expressway 83, Weslaco, TX 78599

  • For Sale $3,975,000
  • Property Type Retail - Strip
  • Property Size 12,100 Sqft
  • Lot Size 1.19 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated May 14, 2021
The subject property is strategically positioned on West Expressway 83 and benefits from high traffic counts of approximately 77,600 vehicles per day. It is one lot east of the signalized intersection of Westgate Drive. The Home Depot and Office Depot sit to the north of the property, and other adjacent pad sites include Slim Chickens, Denny’s, Chili’s Grill & Bar, and Jason’s Deli. Other national and regional tenants in the neighboring area consist of Ross Dress for Less, Dollar Tree, Planet Fitness, Discount Tire, Tractor Supply Co., Walmart Supercenter, H-E-B grocery, Academy Sports and Outdoors, JCPenney, TJ Maxx, Petco, Lowe’s Home Improvement, Luby’s, Starbucks, Buffalo Wild Wings, Applebee’s, Chick-fil-A, Verizon and many more. The surrounding area is densely populated with a five-mile population of 111,375 residents. Weslaco Shopping Center is in close proximity to Weslaco High School, South Texas College – Mid-Valley Campus, and a H-E-B distribution center. Weslaco is located at the southern tip of Texas in the Rio Grande Valley, near the Mexican city of Reynosa, and is approximately 60 miles west of South Padre Island and the Gulf of Mexico. Weslaco is part of the McAllen–Edinburg–Mission and Reynosa–McAllen metropolitan areas. McAllen is a vibrant metro area and a major center for retail, international trade, tourism and manufacturing. Every year, thousands of winter Texans arrive to the Rio Grande Valley, during the mild fall and winter seasons, adding more than $710 million into the local economy. Additionally, the Reynosa-McAllen Metropolitan Area has a population of roughly 1,500,000. The metro area has been the first, second, or third fastest growing urban areas in the United States over the past years.
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Location

  • City Weslaco, TX
  • Neighborhood Weslaco
  • Zip Code 78599
  • Market McAllen

Contacts

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

Highlights

  • 12,100-Square Foot, Multi-Tenant Shopping Center
  • Shadow-Anchored by The Home Depot
  • Fully Stabilized Asset | 100% Occupied with all Triple-Net Leases
  • 86% of the Gross Leasable Area has Credit Tenants
  • Complementary Mix of Service-Oriented Businesses

Frequently Asked Questions

What year was Westgate Shopping Center built and finished?

Westgate Shopping Center was completed in 2004.

Contact Listing Broker

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

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