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2320 Frontage Rd 104,106 SF 100% Leased Retail Building Brownsville, TX 78521 $19,000,000 ($182.51/SF) 8.44% Cap Rate

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PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
104,106 SF
Building Class
B
Year Built
1977
Price
$19,000,000
Price Per SF
$182.51
Cap Rate
8.44%
NOI
$1,603,998
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
11.44 AC
Zoning
CS - Commercial Services Zoning
Parking
847 Spaces (8.14 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Corner Lot
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Starbucks
PNC Bank
Red Lobster
Luby's
Cheddar's Scratch Kitchen
Rudy's BBQ
IHOP
Olive Garden
Freddy's
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
069250-0000-001000
Land Assessment
$1,993,304
Improvements Assessment
$2,706,696
Total Assessment
$4,700,000
  • Listing ID: 34757387

  • Date on Market: 2/7/2025

  • Last Updated:

  • Address: 2320 Frontage Rd, Brownsville, TX 78521

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