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2300 N Expressway Expy
Brownsville, TX 78521
Phillips 66 - Mercato & Co. · Retail Property For Sale
Investment Highlights
- New 20 Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Subject Property is Next to Sunrise Mall (Over 100 Stores and 967K Annual Visitors)
- UNICO Retail, LLC has Partnered with Phillips 66 to Remodel Several Gas Stations
- High-Traffic Location Along Hwy 77 (107K VPD) and Ruben M Torres Blvd (36K VPD)
- Near Several Popular Foods Chains Including Whataburger, McDonald’s, McAlister’s, etc.
- Brownsville | Part of the Rio Grande Valley | Population: 186,500+
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
950 SF
Building Class
C
Year Built/Renovated
1994/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.80 AC
Zoning
None
Parking
20 Spaces (21.05 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
Property Taxes
| Parcel Number | 049662-0010-001000 | Improvements Assessment | $281,346 |
| Land Assessment | $358,665 | Total Assessment | $640,011 |
Property Taxes
Parcel Number
049662-0010-001000
Land Assessment
$358,665
Improvements Assessment
$281,346
Total Assessment
$640,011
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