307 E Expressway 83 - Freestanding FOR SALE


Mission, TX 78572
$2,640,000 USD
713-263-3981
307 E Expressway 83, Mission, TX for Sale
$2,640,000 USD
Freestanding - FOR SALE
1/3
null | 6.25% Cap Rate

307 E Expressway 83
Mission, TX 78572


HIGHLIGHTS

  • 2025 Construction. 2,395+/- SF Building on 0.58+/- Acre Site
  • Excellent Location Along Expressway 83 (112,286 VPD) in Major Regional Retail Corridor
  • Directly Surrounded by Walmart, Home Depot, McDonald’s, T-Mobile & More
  • Minutes from Mission Regional Medical Center (1,000+ Employees) and UTRGV (32,441 Students)
  • Starbucks Operates 40,000+ Stores in 86 Countries and Reported $36 Billion in 2023 Revenue
  • Mission, TX | Highest Median Household Income in Rio Grande Valley | Population: 88,251

OVERVIEW

Brand New 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options

FOR SALE DETAILS

PRICE

$2,640,000 USD

PRICE/SF

$1,109 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

E4650-01-000-006D-00

ASK ABOUT THIS PROPERTY

Edward BentonSecure Net LeaseMore Info
713-263-3981

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Edward BentonSecure Net LeaseMore Info
713-263-3981

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