1005 E 10th St
Weslaco, TX 78596
Office Property For Sale

Marcus & Millichap, Inc has been exclusively retained by the ownership to market for sale Bridgepoint Office located in Weslaco, TX. This property is a 12,500 SF office building located in the heart of the Weslaco medical district which is home to some of the most recognized medical physicians in the Rio Grande Valley. Weslaco is known across the Rio Grande Valley for being the mid-way city in between Brownsville and McAllen. Many professionals find this to be a convenient location for both themselves and their client base who come from either Brownsville or McAllen and anywhere in between. Currently, the office sits at nearly 45% occupancy. This is an opportunistic investment for investors looking to add tremendous value to properties primarily by leasing efforts versus significant repairs. This property is being offered at $76/ FT. A significant discount to what this exact property could reasonably ask for if it were sitting at 90% occupancy which would be approximately $115/ FT. Investors can effectively create $500,000 of equity by strictly leasing the unoccupied suite. All while having a stable tenant to cover the cost of taxes and insurance.