Leased NNN Retail
For Sale
Contact for pricing
3831 North Expressway 83, Brownsville, TX 78520
Retail tenants occupy a recently built property along North Expressway 83 across from Sunrise Mall.
Property Size5,500 SF
Price / SF$470.73
Days on Market21
Property Features for 3831 North Expressway 83
General Information
Standard status
Active
Size
5,500 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$181,250
Building Details
Year Built
2021
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Aug 11
Changed: Aug 30
Last Checked: Aug 30 at 8:37PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This 5,500-square-foot retail property was completed in 2021 and is fully leased to Verizon Wireless and Snooze Mattress. The asset features modern construction, dedicated parking, and triple-net lease structures with contractual rent increases and long-term renewal options.
Positioned along North Expressway 83 in Brownsville, the property has approximately ±115,000 vehicles per day. It is located across from Sunrise Mall and near Olive Garden, Black Bear Diner, LongHorn Steakhouse, and Homewood Suites by Hilton. The surrounding retail area also includes Target, TJ Maxx, Burlington, Best Buy, and multiple restaurant concepts.
Positioned along North Expressway 83 in Brownsville, the property has approximately ±115,000 vehicles per day. It is located across from Sunrise Mall and near Olive Garden, Black Bear Diner, LongHorn Steakhouse, and Homewood Suites by Hilton. The surrounding retail area also includes Target, TJ Maxx, Burlington, Best Buy, and multiple restaurant concepts.
Key Highlights
- 5,500‑square‑foot retail property completed in 2021
- 100 percent leased to Verizon Wireless and Snooze Mattress
- Triple‑net leases include contractual rent increases and long‑term renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
900k
Monthly Visits Nearby
Explore this area
Business Placement
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 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Retail tenants occupy a recently built property along North Expressway 83 across from Sunrise Mall.
Where is this nnn property located?
The property is located at 3831 North Expressway 83 Brownsville, TX.
What is the asking price?
The asking price for this property is $2,589,000.
What are key features of this property?
This property features: 5,500‑square‑foot retail property completed in 2021; 100 percent leased to Verizon Wireless and Snooze Mattress; Triple‑net leases include contractual rent increases and long‑term renewal options
