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3891-77 N Expressway
Brownsville, TX 78520
LongHorn Steakhouse · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Ground Lease With 10 Percent Rent Increases Every Five Years
  • Heavy Retail Corridor – Located in a New Retail Development Near Sunrise Mall
  • Frontage on U.S. Route 77- Major Route to the U.S./Mexico Border (106,362 VPD)
  • Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
  • More than 160,943 Residents Within a Five-Mile Radius
  • Corporate Guarantee - Rare Hospitality International, Inc. is a a wholly-owned Subsidiary of Darden Restaurants, Inc. (NYSE: DRI; S&P: BBB)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,710 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.85 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020301-0000-004011
Land Assessment
$556,181
Improvements Assessment
$1,409,594
Total Assessment
$1,965,775
  • Listing ID: 30612646

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 3891-77 N Expressway, Brownsville, TX 78520

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