3891-77 N Expressway | Brownsville, TX 78520
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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
| Parcel Number | 020301-0000-004011 | Improvements Assessment | $1,409,594 |
| Land Assessment | $556,181 | Total Assessment | $1,965,775 |
PROPERTY TAXES
Parcel Number
020301-0000-004011
Land Assessment
$556,181
Improvements Assessment
$1,409,594
Total Assessment
$1,965,775
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