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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

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.
More about this property
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