1400 N Westgate Drive

    Weslaco, TX 78596
    • $2,750,000
    • STATUS: Active
    • ON SITE: 126 days
    • MLS #: 318722
    Price Reduced
    UPDATED: 50 min ago
    $2,750,000
    • 0
      BEDS
    • 1.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,885
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2000
    County:
    Area:

    School Ratings & Info

    Description

    Commercial Income Generating Property!! Pea Westgate Crossing center is a well established shopping center located in a primary corridor of Weslaco, TX. The tenants consist of a mix of businesses with stable lease agreements to capitalize on. The property is strategically located for excellent freeway visibility with high traffic counts. Shopping center is in close proximity to The Home Depot and other National and Regional retailers in the area such as IHOP, Chilis Grill & Bar, Raising Canes, Dennys, Slim Chickens, Chick-fil-A, Starbucks, Ross Dress for Less, Applebees, and an variety of other services and restaurants. This Retail Center provides an investor with steady cash flow with a value-add opportunity by steadily increasing rent comparable to the market to maximize the value of the investment, which is currently being done on all renewals and new tenants at this time. Seller would like to sell both Lots 1 (Shopping Center) and Lot 2 (MLS#319105) together.

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    © 2019 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eReal Estate Depot. Data last updated: 2019-11-20T00:16:26.783.
    www.dollyelizondo.com/homes/96951165

    1400 N Westgate Drive Weslaco, TX 78596

    • Price: $2,750,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 318722
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.18
    Acres
    18,885
    SQFT
    $146
    $/SQFT
    2000
    Built
    Neighborhood:
    Expressway Heights
    County:
    Hidalgo
    Area:
    Weslaco
    Property Description
    Commercial Income Generating Property!! Pea Westgate Crossing center is a well established shopping center located in a primary corridor of Weslaco, TX. The tenants consist of a mix of businesses with stable lease agreements to capitalize on. The property is strategically located for excellent freeway visibility with high traffic counts. Shopping center is in close proximity to The Home Depot and other National and Regional retailers in the area such as IHOP, Chilis Grill & Bar, Raising Canes, Dennys, Slim Chickens, Chick-fil-A, Starbucks, Ross Dress for Less, Applebees, and an variety of other services and restaurants. This Retail Center provides an investor with steady cash flow with a value-add opportunity by steadily increasing rent comparable to the market to maximize the value of the investment, which is currently being done on all renewals and new tenants at this time. Seller would like to sell both Lots 1 (Shopping Center) and Lot 2 (MLS#319105) together.
    Exterior Features

    Access City StreetPaved Road Carport Spaces 0.00 Exterior Siding Stucco Grounds None Parking HandicapPaved Roof Metal

    Interior Features

    Flooring Type Tile Other Bldg Sq Ft 0 Retail Sq Ft 18885 Warehouse Sq Ft 0 Water Heater Electric

    Property Features

    Amenities Pole SignSeparate Electric MetersSeparate Water Meters Energy Features None Hvac Central Poa YN No Present Use Medical/DentalOfficeRestaurantRetail Property Sub Type Commercial Reo No Site Features Restrooms-Private Taxes Wo Exemption 34880

    Listing by Eduardo Belmarez of Exp Realty, Llc.
    © 2019 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eReal Estate Depot. Data last updated: 2019-11-20T00:16:26.783.
     
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