651 E. Morrison Rd. - Service Station FOR SALE


Brownsville, TX 78526
$6,815,000 USD
713-263-3981
651 E. Morrison Rd., Brownsville, TX for Sale
$6,815,000 USD
Service Station - FOR SALE
1/7
null | 5.3% Cap Rate

651 E. Morrison Rd.
Brownsville, TX 78526


HIGHLIGHTS

  • Large Format 7-Eleven – Sitting on 1.543 AC Parcel, New Store Features a Laredo Taco, 48 Parking Spaces and 6 MPDs
  • High Growth Trade Area Next to the Sunrise Mall (100+ Stores and Restaurants)
  • The Rio Grande Valley Continues To Be One of the Fastest Growing Regions in America
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Brownsville | 8th Largest MSA in Texas | Population: 186,738+

OVERVIEW

Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$6,815,000 USD

PRICE/SF

$1,466 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven with Laredo Taco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

-

APN/PARCEL ID

-

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.