2612 E US Hwy 83 Rio Grande City, TX
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NNN leased T-Mobile store with renewal and rent increases.
Type:RETAIL
Property size:
2,000 SFLot size:
0.52 AcresPrice / SF:
$667/SF- Added:
- Nov 28, 2025
- Days on Market:
- 148
- Last Refresh:
- Apr 5 at 10:31 pm
Property Features for 2612 E US Hwy 83
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.52 Acres
- Property subtype
- RETAIL
Listing agent Braden Bratcher
Listing office STRIVE (469) 844-8880
Listing date Nov 28, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of STRIVE
Overview
High-Traffic T-Mobile Store for Sale
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.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Rio Grande City
- County
- Starr
- State
- Texas
- Longitude
- -98.8549
- Latitude
- 26.3712
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FAQs
What type of property is this?
Retail space - NNN leased T-Mobile store with renewal and rent increases.
Where is this retail space located?
The property is located at 2612 E US Hwy 83 Rio Grande City, TX.
What is the asking price?
The asking price for this property is $1,335,000.
What are key features of this property?
This property features: Long‑term T‑Mobile tenant with recently exercised 5‑year renewal and a 10% rent increase scheduled for August 2025.; Attractive 7% cap rate for a single‑tenant asset.; NN Lease structure with tenant reimbursing for CAM, taxes, and insurance, providing limited landlord exposure and predictable cash flow.
