For Sale
$992,000

623 International Blvd Weslaco, TX 78596

Prime Weslaco office, 7,488 SF, income producing.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 7,488-square-foot traditional office building situated on a two-acre lot in Weslaco, Texas. The property, located at 623 S International Blvd, boasts a strategic location between Business 83 and Interstate 2, providing easy access to the Progreso International Bridge (8 miles away) and Weslaco Mid Valley Regional Airport (3 miles). The building, constructed in 1989, currently enjoys 100% occupancy with a lease expiring June 29, 2024. This lease provides a strong income stream for the buyer until the lease expiration. The tenant has historically been a government entity or contractor. In addition to the office space, the property includes 6,814 square feet of covered parking and garages, complemented by paved parking and a secure gated fence. The asking price is $992,000, translating to $132.48 per square foot. This owner-user investment presents a rare opportunity to acquire a well-maintained, income-producing property in a high-traffic area with excellent access to major transportation routes and the Mexican border. The property's history of government tenancy suggests stability and potential for long-term lease renewals.

Highlights

  • 7,488 SF office building on a 2-acre lot in Weslaco, TX.
  • Located at 623 S International Blvd, offering excellent access to major transportation routes.
  • 100% occupied with lease expiring June 2024, providing strong current income.
  • Features 6,814 SF of covered parking and garages, plus paved parking and secured fencing.
  • Asking price: $992,000 ($132.48/SF).

Property Details for 623 International Blvd

Property type
Office properties
Square Feet
7,488 SF
Year Built
1989
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Weslaco
County
Hidalgo
State
Texas
Latitude
26.1541288
Longitude
-97.956946

FAQs

What type of property is this?
Office property - Prime Weslaco office, 7,488 SF, income producing.
Where is the office property located?
The property is located at 623 International Blvd Weslaco, TX.
What is the asking price?
The asking price for this property is $992,000.
What are key features of this property?
This property features: 7,488 SF office building on a 2-acre lot in Weslaco, TX.; Located at 623 S International Blvd, offering excellent access to major transportation routes.; 100% occupied with lease expiring June 2024, providing strong current income.
How can I contact the broker?
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623 International Blvd
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