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Ojos Locos NNN Property

3100 North Expressway 83, Brownsville, TX 78526

For Sale
Contact for pricing

A long-term triple-net lease includes scheduled annual rent increases beginning in year seven.

Property Size6,512 SF
Lot Size1.47 Acres
Price / SF$753.54
Days on Market53

Property Features for 3100 North Expressway 83

General Information

Standard status Active
Size 6,512 SF
Lot size 1.47 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Sep 23 Changed: Nov 12 Last Checked: Nov 12 at 7:04AM

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 SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

The property includes 6,512 rentable square feet of building space on an estimated 1.47-acre parcel. Ojos Locos is subject to a 20.01-year triple-net lease that began 6/27/2022. Scheduled rent increases of 2.00% annually begin in year seven.

Key Highlights

  • 6,512 rentable square feet of building space
  • Estimated 1.47‑acre parcel
  • 20.01‑year triple‑net lease commenced 6/27/2022

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Law Firm Dental Office Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby
900k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Shops & Services 29% Apparel 24% Electronics 7%
Dillard's Apparel
80,990 visits/mo 0.5 miles
Hobby Lobby Shops & Services
63,866 visits/mo 0.4 miles
Best Buy Electronics
59,913 visits/mo 0.2 miles
Marshalls Apparel
49,590 visits/mo 0.3 miles
Ross Dress for Less Apparel
47,380 visits/mo 0.3 miles

Demographics for 78526, TX

55,164
Population
18,222
Households
3
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
47.4 sq mi
ZIP Area
1,164
Density / Sq Mi
$68,143
Median Household Income
$36,451
Median Earnings
$1,080
Median Rent
$158,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A long-term triple-net lease includes scheduled annual rent increases beginning in year seven.
Where is this nnn property located?
The property is located at 3100 North Expressway 83 Brownsville, TX.
What is the asking price?
The asking price for this property is $4,907,022.
What are key features of this property?
This property features: 6,512 rentable square feet of building space; Estimated 1.47‑acre parcel; 20.01‑year triple‑net lease commenced 6/27/2022
(332) 345-4222 Call to check price and availability
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