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2101 Central Blvd 32,546 SF Retail Building Brownsville, TX 78520 $5,990,000 ($184.05/SF) 7% Cap Rate
Investment Highlights
- 19,000 vpd traffic
Executive Summary
PRICE REDUCED SELLER READY TO DEAL
For Sale $5.9 Million or Lease $35,000/Mo
4.475 Acres currently Auto Dealership multiple buildings
Oil Change can be leased For $4,900/mo or sold $599,000 separately
Car Wash can be leased for $3,500/moth or sold $399,000 separately
For Sale $5.9 Million or Lease $35,000/Mo
4.475 Acres currently Auto Dealership multiple buildings
Oil Change can be leased For $4,900/mo or sold $599,000 separately
Car Wash can be leased for $3,500/moth or sold $399,000 separately
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
32,546 SF
Building Class
B
Year Built
2013
Price
$5,990,000
Price Per SF
$184.05
Cap Rate
7%
NOI
$419,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
4.75 AC
Zoning
Commercial - Commercial. Currently Auto Dealership but could be retail, fleet maintenance, or government services
Parking
265 Spaces (8.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Security System
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 019330-2010-062001 | Improvements Assessment | $228,511 |
| Land Assessment | $121,176 | Total Assessment | $349,687 |
Property Taxes
Parcel Number
019330-2010-062001
Land Assessment
$121,176
Improvements Assessment
$228,511
Total Assessment
$349,687
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2101 Central Blvd
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