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    505 W Us Highway Business 83 Highway

    Weslaco, TX 78596
    • $4,000,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 345625
    UPDATED: 71 min ago
    $4,000,000
    • 0
      BEDS
    • 4.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 88,300
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Description

    Max Shopping Center is a four tenant 88,300 SF shopping center in Weslaco, TX that is anchored by Max Fine Furniture (70,000 SF), a Weslaco based furniture retailier. The center's additional tenants include national brands and "essential businesses" that include Dollar Tree (8,840 SF), Firestone Autocare (6,500 SF), and OneMain Financial (2,960 SF). The center sits on approximately 4.22 Acres of land at the southwestcorner of US Business Highway 83 and S. Oklahoma, and was originally built as an H.E.B. grocery store. After a 2005 remodel and add on to the original H.E.B. space, the center has been home to Max Fine Furniture (Max) as the center's anchor tenant.Ideally, Max would prefer to enter a Sale-Leaseback scenario that would allow the furniture retailer to remain in place on a long term basis. Max can downsize their retail space to a +/-55,000 SF space, which would allow for an additional 15,000 SF lease space for another tenant.

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    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2020-11-27T13:16:28.19.
    www.thelucassanchezteam.com/homes/111430806
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    505 W Us Highway Business 83 Highway Weslaco, TX 78596

    • Price: $4,000,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 345625
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.22
    Acres
    88,300
    SQFT
    $45
    $/SQFT
    1975
    Built
    Neighborhood:
    West Tract
    County:
    Hidalgo
    Area:
    Weslaco
    Property Description
    Max Shopping Center is a four tenant 88,300 SF shopping center in Weslaco, TX that is anchored by Max Fine Furniture (70,000 SF), a Weslaco based furniture retailier. The center's additional tenants include national brands and "essential businesses" that include Dollar Tree (8,840 SF), Firestone Autocare (6,500 SF), and OneMain Financial (2,960 SF). The center sits on approximately 4.22 Acres of land at the southwestcorner of US Business Highway 83 and S. Oklahoma, and was originally built as an H.E.B. grocery store. After a 2005 remodel and add on to the original H.E.B. space, the center has been home to Max Fine Furniture (Max) as the center's anchor tenant.Ideally, Max would prefer to enter a Sale-Leaseback scenario that would allow the furniture retailer to remain in place on a long term basis. Max can downsize their retail space to a +/-55,000 SF space, which would allow for an additional 15,000 SF lease space for another tenant.
    Exterior Features

    Access City StreetPaved RoadUs Highway Carport Spaces 0.00 Exterior Siding Concrete BlockOtherSolid Masonry Grounds LandscapedOther Parking BlacktopPaved Roof Other

    Interior Features

    Flooring Type Other Office Sq Ft 0 Other Bldg Sq Ft 0 Retail Sq Ft 88300 Warehouse Sq Ft 0 Water Heater Other

    Property Features

    Amenities Display WindowOther Energy Features Other Hvac Central Poa YN No Present Use Auto ServiceOtherRetail Property Sub Type Commercial Reo No Site Features Other Taxes Wo Exemption 134254

    Listing by Blake Box of Aztec Realty & Investments, Llc.
    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2020-11-27T13:16:28.19.
     
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    The Lucas Sanchez Real Estate Team
    2575 E Griffin Parkway, Suite 14
    Mission TX, 78572