FOR SALE VERIZON RETAIL CENTER 508 Springmart at Interstate 69E Brownsville, TX 78526 Property Highlights b Price: $3,500,000 b Cap Rate: 6.04% b Lease Type: NNN, National Credit Tenant b Net Operating Income: $211,500 b Square Footage: 4,500 Standalone b Year Built: 2006 b Lot Size: .0758 AC, 179 Ft Frontage b Excellent Exposure and Visibility on 69E b Located within prime shopping area, near Sunrise Mall b Significant retail developments in area, BOB DROUBI AIDA AGUILAR 770 S Post Oak Ln, Ste 100 Broker Associate Agent Houston, TX 77056 (832) 573-6811 956-867-8740
[email protected] [email protected] 0515003, TX 636196 VERIZON CENTER TABLE OF CONTENTS Property Summary 3 Property Description 4 Property Photos 5 Business Map 9 Aerial Map 10 Regional Map 11 Demographics 12 BOB DROUBI Broker Associate Professional Bio 13 (832) 573-6811
[email protected] 0515003, TX AIDA AGUILAR Agent 956-867-8740
[email protected] 636196 PROPERTY SUMMARY 03 Property Summary Property Overview Building Size: 4,500 Price: $3,500,000 Lot Size: 0.75 Acres Cap Rate: 6.04% NNN: Yes Lease Type: NNN Parking Ratio: 1:145sf Net Operating Income: $211,500 Price: $3,500,000 Square Footage: 4,500 Standalone Building Type: Retail Lot Size: 0.758 AC, 179 Ft of Highway Frontage Year Built: 2006 Year Built: 2006 National Credit Verizon Location Overview Tenant The property is located in the northwest portion of the Lease Rate: $47.00 city of Brownsville, approximately four miles north of the central business district. The property benefits from highway frontage, excellent visibility, and access along Interstate 69E within the primary shopping area of the region.Brownsville is the county seat of Cameron County, Texas.