La Placita Shopping Center is a 73,240 SF retail center located at 1655 Ruben M. Torres Blvd in Brownsville, Texas, situated on 9 acres along one of the city’s primary retail corridors. The property consists of two main retail buildings and two standalone structures with a diverse tenant mix, including two government tenants, generating $1,130,194 in effective gross income and $885,299 in net operating income. The center also features approximately 15,000 SF of second-floor vacancy, providing a value-add opportunity through lease-up. In addition, the property includes approximately 1.5 acres of commercially zoned land on the east side of the site, offering potential for future development. Strategically located near H-E-B, Walmart, and Whataburger, the property benefits from strong traffic and consumer demand. The Brownsville market continues to grow due to SpaceX’s Starbase facility, LNG export projects, and expanding industrial development at the Port of Brownsville, supporting long-term retail demand in the Rio Grande Valley.