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715 East Expressway 83

David Bell Of Optima Investments Acquires Valley Crossing Retail Center In Weslaco From Capcor Weslaco Ltd
SOLDRetail

David Bell Of Optima Investments Acquires Valley Crossing Retail Center In Weslaco From Capcor Weslaco Ltd

715 East Expressway 83

Building Size

178,594 SF

Asset Type

Retail

Closing

Aug 8, 2025

AI

A 178,594 square foot retail center located at 715 East Expressway 83 in Weslaco, TX, has been sold. The property is anchored by JCPenney, T.J. Maxx, and Petco, indicating its role as a key retail hub in the market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 715 East Expressway 83
  • Market: Weslaco
  • Buyer: David Bell - Optima Investments
  • Seller: Capcor Weslaco Ltd
  • Brokers: Mark Witcher, Harrison Tye & Jolie Duhon - CBRE

Mark Witcher, Harrison Tye, and Jolie Duhon from CBRE represented the seller, Capcor Weslaco Ltd, during this transaction involving the retail center. David Bell facilitated the acquisition on behalf of Optima Investments.

Players

Harrison Tye

CBRE

Broker

3 deals

Broker
CBRE
CBREBrokerage

Weslaco Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93