2612 E Us Highway 83 Rio Grande City, TX 78582

This single-tenant property is occupied by a long-term operating T-Mobile store (NASDAQ: TMUS), which recently exercised its renewal for 5 years with a 10% rent increase scheduled for August 2025. The NN lease structure requires the tenant to reimburse for CAM, taxes, and insurance, providing limited landlord exposure and predictable cash flow. The property is offered at a 7% cap rate. Situated on a prime hard corner location, the property benefits from high traffic exposure, with visibility to over 34,000 vehicles per day. The location sees 59,400 visits annually, ranking in the top 17% of all 3,987 T-Mobile locations. The surrounding area features stable demographics and border-market growth; the overall Rio Grande Valley’s population is projected to grow by 16.1% by 2034. Nearby national retail anchors include Walmart Supercenter, H-E-B Plus, Tractor Supply Co, Sherwin Williams, Chick-Fil-A, Starbucks, IHOP, Whataburger and Take 5 Oil Change.