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296 E Main St
Eagle Pass, TX 78852
Grand Mercado · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
11,500 SF
Building Class
C
Year Built
1980
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.02
Lot Size
0.26 AC

ABOUT 296 E MAIN ST , EAGLE PASS, TX 78852

Fallas Discount Stores represents a rare opportunity to acquire a fully leased property in historic downtown Eagle Pass for $1,650,000. The Property includes an 11,400 square foot building with a parking lot on 0.44 acres at the corner of the signalized intersection of Main Street and Adams Street. Fallas Discount Stores signed a 10 year lease in 2007 and have executed a 5 year extension and has one 5 year option remaining. Fallas Discount Stores has seen a 44% increase in sales since 2010. The Property is a desirable location for retail use because of its central location in Eagle Pass, proximity to Piedras Negras (population of 165,000) and visibility from Main Street and N. Adams Street. The property includes a parking lot with 19 parking spaces, which is a rare amenity for downtown buildings and increases convenience for customers. Fallas Discount Stores is located in the heart of downtown Eagle Pass and just ¼ of a mile from International Bridge I, which is one of only two border crossings in Eagle Pass and the only pedestrian border crossing. In 2015, the border crossings of personal vehicles into Eagle Pass was approximately 2,683,168 along with 914,499 pedestrians.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16569
Land Assessment
$114,000
Improvements Assessment
$348,100
Total Assessment
$462,100
  • Listing ID: 6011884

  • Date on Market: 2/24/2017

  • Last Updated:

  • Address: 296 E Main St, Eagle Pass, TX 78852

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