Texas Roadhouse
7,926 SF | 4-Star Retail Building | Weslaco, TX 78596 | $3,506,000 ($442/SF) | 4.85% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,506,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 7,926 SF
- Price / Square Foot
- $442
Listing Contacts
Vincent Aicale
Verified Profile
Ryan Forsyth
Verified Profile
Michael Yuras
Verified Profile
Scott Crowle
Verified Profile
- Property Info
Property Overview
Anchor to The Shops at N Bridge: Prominently located at 1 of 2 entrances to this developing retail center and surrounded by tenants such as Freddy’s Frozen Custard & Steakburgers, James Avery, Cold Stone Creamery, and ULTA, allowing for significant crossover shopping
Beneficial Proximity to Major US Thoroughfares: Located at the southwest corner of North Frontage Road/East Expressway 83 (20,227 AADT) and Interstate 2 (99,457 AADT), significantly increasing traffic in the surrounded area
Located In A Strong Retail Corridor: The property is near major national brands such as Walmart Supercenter, H-E-B, Lowe’s Home Improvement, T.J. Maxx, Petco, and many others
Surrounded By Well-Attended Schools: 1.4 miles from South Texas College - Mid-Valley Campus (31,000+ students) and Weslaco High School (2,430 students) and near Donna High School (2,046 students), increasing lunchtime traffic to the site
Advantageous Proximity to Residential Communities: Well-positioned in a growing border city and surrounded by high-density single-family housing developments and apartment complexes
Densely Populated Area: 110,287 residents live within five miles of the property
Access to Purchasing Power from A Metroplex: The location provides access to purchasing power from the Reynosa-McAllen metroplex (population 1.5 million), the South Texas region, and affluent northern Mexican markets
Beneficial Proximity to Major US Thoroughfares: Located at the southwest corner of North Frontage Road/East Expressway 83 (20,227 AADT) and Interstate 2 (99,457 AADT), significantly increasing traffic in the surrounded area
Located In A Strong Retail Corridor: The property is near major national brands such as Walmart Supercenter, H-E-B, Lowe’s Home Improvement, T.J. Maxx, Petco, and many others
Surrounded By Well-Attended Schools: 1.4 miles from South Texas College - Mid-Valley Campus (31,000+ students) and Weslaco High School (2,430 students) and near Donna High School (2,046 students), increasing lunchtime traffic to the site
Advantageous Proximity to Residential Communities: Well-positioned in a growing border city and surrounded by high-density single-family housing developments and apartment complexes
Densely Populated Area: 110,287 residents live within five miles of the property
Access to Purchasing Power from A Metroplex: The location provides access to purchasing power from the Reynosa-McAllen metroplex (population 1.5 million), the South Texas region, and affluent northern Mexican markets
Property Details
- Class
- B
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 96,268 SF
Highlights
- New 15-Year Absolute NNN Ground Lease to Notable National Tenant
- Anchor to a Developing Shopping & Dining Center
- Densely Populous Border City Poised for Growth
- New 2023 Construction in Tax-Free State
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].