651 Morrison rd - Service Station FOR SALE


Brownsville, TX 78526
$7,223,000 USD
214-915-8890
651 Morrison rd, Brownsville, TX for Sale
$7,223,000 USD
Service Station - FOR SALE
1/7
null | 5% Cap Rate

651 Morrison rd
Brownsville, TX 78526


HIGHLIGHTS

  • 2024 Construction. 4,650+/- SF Building on 1.543+/- Acre Site
  • Excellent Location at Intersection of Morrison Rd & Pablo Kisel Blvd (46,000+ Combined VPD)
  • Large Format 7-Eleven Features Laredo Taco, 48 Parking Spaces and 6 MPDs
  • High Growth Trade Area Next to Sunrise Mall With 100 Stores and Restaurants
  • 7-Eleven Is the Largest Convenience Store Chain in the World With 85,000 Stores
  • Brownsville, TX | 8th Largest MSA in Texas | Population: 186,738

OVERVIEW

Brand New 15-Year Absolute NNN Lease w/ 7.5% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$7,223,000 USD

PRICE/SF

$1,553 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

-

APN/PARCEL ID

079844-0000-002000

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

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