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Off Market
1/7

1919 W Expressway 83
Weslaco, TX 78596


HIGHLIGHTS

  • 2016 Construction Retail Center Located in the High Growth, Rio Grande Valley City of Weslaco, TX
  • 100% Leased to Verizon Wireless, America’s Best Contacts & Eyeglasses & Doña Tota Gorditas
  • Verizon Wireless’ Lease is Guaranteed by Cellular Stores of Knoxville, Inc. (770 Locations)

OVERVIEW

Verizon Retail Center is an 8,800 square foot, three tenant retail asset located in the South Texas city of Weslaco, Texas. The Property is 100% leased to a relevant mix of tenants including Verizon Wireless, America’s Best Contacts & Eyeglasses and Doña Tota Gorditas. Verizon Wireless is leased through November 2026 and guaranteed by Cellular Sales of Knoxville, Inc. (Cellular Sales of Texas, LLC) which operates over 770 stores in 41 states. America’s Best Contacts & Eyeglasses (National Vision, Inc.) is leased through February 2026. National Vision, Inc. is one of the largest and fastest growing optical retailers in the United States with over 1,100 locations in 44 states. Doña Tota Gorditas, who just signed a new 5-year lease, is a Mexican fast casual restaurant with a specialized focus on gorditas. The brand has over 288 locations in Mexico and numerous new locations throughout Texas and growing. All tenants experience rent escalations in their primary terms and have at least one, 5-year renewal option.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Verizon Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

8800

STORIES

1

YEAR BUILT

2016

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

C2248-00-000-0001-00