2491 Boca Chica Blvd Brownsville, TX 78521
New 15-year NNN ground lease with options and increases.
Property size:
1,400 SFLot size:
0.53 AcresProperty Features for 2491 Boca Chica Blvd
General Information
- Size
- 1,400 SF
- Lot size
- 0.53 Acres
Source:
Moodyscre
Listing Agent: Chuck Klein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Ground Lease Investment Property
This property features a new 15-year absolute NNN ground lease, suitable for an out-of-town investor seeking a hands-free investment. The lease includes 10% rent increases every 5 years throughout the primary term and three 10-year option periods, offering a hedge against inflation. Construction is scheduled for 2025, utilizing 3-D printing technology, making it the first Starbucks location of its kind. The corporate lease is backed by Starbucks Corporation, a globally recognized tenant with over 40,200 locations across 80 countries, holding a BBB+/Baa1 credit rating from S&P and Moody’s, and generating $36B in annual revenue. Starbucks is ranked #1 in the Food Services Industry and #126 overall on the Fortune 500. The property is strategically located on Boca Chica Boulevard, a major east-west thoroughfare. It is situated between a Walmart Supercenter, ranked in the top 94% of all Walmart locations nationwide, and an H-E-B Grocery, ensuring a steady customer base. The location benefits from high traffic, with approximately 39,000 vehicles per day on Boca Chica Boulevard, and is two blocks east of I-69 East, which sees around 106,000 vehicles per day. The property offers excellent access and visibility from Boca Chica Boulevard and Los Ebanos, with ample parking and drive-through options. The property size is 1400 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Four Star
Gas Station
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.482751
- Latitude
- 25.922068
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FAQs
What type of property is this?
Coffee shop - New 15-year NNN ground lease with options and increases.
Where is this coffee shop located?
The property is located at 2491 Boca Chica Blvd Brownsville, TX.
What is the asking price?
The asking price for this property is $2,555,000.
What are key features of this property?
This property features: - Absolute NNN 15-Year Ground Lease for hands-free investment.; - Investment-Grade Tenant: Corporate lease backed by Starbucks Corporation (BBB+/Baa1).; - Strategic High-Traffic Location on Boca Chica Boulevard (~39,000 VPD), near Walmart and H-E-B.