5835 Ruben M Torres Senior Blvd - Freestanding FOR SALE


Brownsville, TX 78521
$1,643,000 USD
972-755-5205
5835 Ruben M Torres Senior Blvd, Brownsville, TX for Sale
$1,643,000 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

5835 Ruben M Torres Senior Blvd
Brownsville, TX 78521


HIGHLIGHTS

  • ?Recent Lease Renewal | Triple-Net Lease With 10.8 Years Remaining
  • ?88th Percentile Nationwide and Across Texas Dollar Tree Locations by Foot Traffic (Placer.ai)
  • ?Recent Roof Improvements With 20-Year Warranty Coverage Through 2045
  • ?Excellent Access and Visibility Along Ruben M. Torres Boulevard (19,624 VPD) Just Off East 14th Street (23,347 VPD)
  • ?National Discount Retailer With 9,200+ Stores Across the 48 Contiguous States
  • ?Dense 5-Mile Trade Area With 143,231 Residents and 137,195 Daytime Population

OVERVIEW

Offered for sale is a triple-net leased Dollar Tree located in Brownsville, Texas. Dollar Tree recently exercised an option extending the lease through March 31, 2037 and has operated at the site since 2006, representing nearly 20 years of operating history within the Brownsville trade area. The property is positioned along Ruben M. Torres Boulevard within an established retail corridor anchored by national retailers and supported by dense surrounding residential neighborhoods. The surrounding trade area includes 143,231 residents within five miles and foot traffic ranking in the 88th percentile nationwide and across Texas Dollar Tree locations.

FOR SALE DETAILS

PRICE

$1,643,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree (Recent Roof Improvements)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

C

APN/PARCEL ID

725212-0010-001000

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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