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568 SpringMart Boulevard, Brownsville, TX

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568 SpringMart Boulevard

Brownsville, TX 78526-4393 - Greater Brownsville Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2008
Building Size:21,840 SF Land Area:.72 AC (31,450 SF)
Smallest Space:2,240 SF Largest Space:5,180 SF Total Space Avail:7,420 SF Rent/SF/Yr:
Negotiable
Parking:25 Surface spaces are available; Ratio of 1.14/1,000 SF
Features:Corner Lot


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
5,180 SF
Negotiable
60 Days
Negotiable
Retail
 1st
2,240 SF
Negotiable
Negotiable
Negotiable
Retail
 
3683301
5511218


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
5,180 SF
Negotiable
60 Days
Negotiable
Retail
1st
2,240 SF
Negotiable
Negotiable
Negotiable
Retail

Sale Notes:
Springmart Center is a multi-tenant shopping center in Brownsville, Texas. Springmart Center was built in 2008 and is currently 68% occupied. With an 10.02% CAP rate on current income and a huge upside in leasing, this is an attractive investment with great long-term potential.
Springmart Center is located at 568 Springmart in Brownsville, Texas. It is walking distance from U.S. Route 77 and U.S. Highway 83, only 1.2 miles from FM 3248, and just 2.9 miles from U.S. Route 281. It is immediately adjacent to a Verizon store that's located next to U.S. Route 77.


Four Seasons Development Co.
Julian Kubeczka
(713) 466-7077
View all my listings


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