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
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