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- LoopNet Team
1919 W Expressway 83
Weslaco, TX 78596
Verizon Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2016 Construction Retail Center Located in the High Growth, Rio Grande Valley City of Weslaco, TX
- Verizon Wireless’ Lease is Guaranteed by Cellular Stores of Knoxville, Inc. (770 Locations)
- 100% Leased to Verizon Wireless, America’s Best Contacts & Eyeglasses & Doña Tota Gorditas
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 1919 W EXPRESSWAY 83 , WESLACO, TX 78596
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.
PROPERTY TAXES
| Parcel Number | C2248-00-000-0001-00 | Improvements Assessment | $733,403 |
| Land Assessment | $665,737 | Total Assessment | $1,399,140 |
PROPERTY TAXES
