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1075 FM802
Brownsville, TX 78520
Red Lobster · Retail Property For Sale
Investment Highlights
- This Red Lobster is subject to a brand new 25-year absolute triple-net (NNN) lease, with 17+ years remaining.
- Brownsville is a Major Economic Hub in South Texas
- The rent will increase by two percent annually, including through the four, five-year tenant renewal options
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,127 SF
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.25 AC
Property Taxes
| Parcel Number | 050000-0370-006000 | Improvements Assessment | $120 |
| Land Assessment | $79,606 | Total Assessment | $79,726 |
Property Taxes
Parcel Number
050000-0370-006000
Land Assessment
$79,606
Improvements Assessment
$120
Total Assessment
$79,726
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