1403 E Interstate 2 | San Juan, TX 78589
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1403 E Interstate 2
San Juan, TX 78589
Olive Garden · Retail Property For Sale
Investment Highlights
- 10-Year Ground Lease with built in rental escalations every 5 years
- Excellent location and access: Positioned on HWY 83 & I-2 seeing over 122,000 VPD
- Rio Grande Valley is Olive Garden's most profitable market in the country
- 4, 5-Year Renewal Options - (10% base rent increase each option period)
- Low Cost, Low Responsibility Property - (Tenant maintains Property through lease term)
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,818 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.73 AC
Zoning
EC - Express Corridor District
Frontage
266’ on East Interstate Highway 2
Property Taxes
| Parcel Number | P7544-00-000-0002-00 | Improvements Assessment | $1,477,529 |
| Land Assessment | $758,162 | Total Assessment | $2,235,691 |
Property Taxes
Parcel Number
P7544-00-000-0002-00
Land Assessment
$758,162
Improvements Assessment
$1,477,529
Total Assessment
$2,235,691
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