1104 E Elizabeth St - Supermarket FOR SALE


Brownsville, TX 78520- Downtown Brownsville
$2,100,000 USD
956-504-2727
1104 E Elizabeth St, Brownsville, TX for Sale
$2,100,000 USD
Supermarket - FOR SALE
1/3
null | 7% Cap Rate

1104 E Elizabeth St
Brownsville, TX 78520
Downtown Brownsville


HIGHLIGHTS

  • Dollar Tree Anchored Retail Investment – National discount retailer occupying ±11,400 SF
  • $146,862 NOI | 7.00% Cap Rate
  • ±23,500 SF two-story retail building
  • ±12,100 SF Available Space including second floor offering value-add lease-up opportunity
  • Prime downtown Brownsville location minutes from international bridges to Matamoros
  • Strong Regional Growth Drivers including SpaceX Starbase, LNG export projects, and Port of Brownsville energy development

OVERVIEW

This offering presents a retail investment opportunity in downtown Brownsville, Texas, featuring a ±23,500 SF two-story retail building situated on 0.26 acres along E Elizabeth Street. The ground floor is leased to Dollar Tree, occupying approximately 11,400 SF, generating $146,862 in net operating income and offering investors stable in-place cash flow. The remaining space, including the second floor, is currently vacant, providing a value-add opportunity through lease-up for office, retail, or service-oriented tenants. The property is located minutes from the international bridges connecting Brownsville and Matamoros, Mexico, benefiting from strong cross-border commerce and a dense surrounding trade area. The region continues to see significant economic growth driven by SpaceX’s Starbase facility, LNG export projects, and expanding energy development at the Port of Brownsville.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,521 SF

ZONING

-

APN/PARCEL ID

010000-0570-005100,010000-0570-005300

ASK ABOUT THIS PROPERTY

Ari HolzmanColdwell Banker-La MansionMore Info
956-504-2727

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Ari HolzmanColdwell Banker-La MansionMore Info
956-504-2727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.