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    209 N Westgate Dr Weslaco, TX 78596

    For Sale
    $1,111,111

    New construction retail property with long-term NNN lease.

    Property size:
    1,430 SF
    Lot size:
    1.29 Acres

    Property Features for 209 N Westgate Dr

    General Information

    Size
    1,430 SF
    Lot size
    1.29 Acres

    Source: Secure Net Lease - Dallas Agent Bob Moorhead

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Weslaco Retail Opportunity

    Constructed in 2023, this property features a 1,430 square foot building on a 0.58 acre site. It is subject to a brand new 15-year absolute NNN ground lease that includes 10% rental increases every 5 years, along with four 5-year options to renew. The property benefits from high traffic counts and visibility on Westgate Drive and BUS 83, with a combined 45,500+ vehicles per day. It is located just off Interstate 2, which sees 24,500+ vehicles per day, and directly across the street from a high-performing H-E-B. The surrounding area boasts exceptional demographics, with the average household income in the 1, 3, and 5-mile radius all over $160,000. The property is located in Weslaco, within the McAllen-Edinburg-Mission MSA, the 5th largest in Texas. Weslaco has a population of 43,864+.
    Location Intelligence

    Current Use by Public Records

    El Pato Mexican ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    4 Ace Road Service, Super Tech Fork Lift Repair

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.006917
    Latitude
    26.167487

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    FAQs

    What type of property is this?
    Auto shop - New construction retail property with long-term NNN lease.
    Where is this auto shop located?
    The property is located at 209 N Westgate Dr Weslaco, TX.
    What is the asking price?
    The asking price for this property is $1,111,111.
    What are key features of this property?
    This property features: - 15-year absolute NNN ground lease with 10% rental increases every 5 years, plus (4), 5-year options to renew.; - Located directly across the street from extremely high performing H-E-B.; - Exceptional demographics – **average household income over $160,000** in 1, 3, and 5-mile radius.
    (214) 522-7200
    Request Owner's contact information
    209 N Westgate Dr Weslaco, TX 78596
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 N Westgate Dr Weslaco, TX 78596
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