Two-Tenant Retail Shopping
New
For Sale
$2,589,000
3831 Frontage Rd, Brownsville, TX 78520
Newer construction houses two occupied retail tenants along North Expressway 83.
Property Size5,500 SF
Price / SF$470.73
Days on Market2
Property Features for 3831 Frontage Rd
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
7%
Amenities
Newer Construction | Completed in 2021
100% Occupied | Passive Triple-Net Investment
Corporate & Regional Credit Tenancy
Irreplaceable Pad Location
Building Details
Building Size
5,500 SF
Year Built
2021
Buildings
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap | Dallas
(972) 755-5225
Listed By:
Philip Levy · License #License(s): TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 5:47AM
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.
Built in 2021, this 5,500-square-foot retail shopping center is configured as a two-tenant pad with full occupancy. Verizon Wireless and Snooze Mattress are the named retail occupants, providing a clear two-suite operating profile within the building.
The property is located at 3831 Frontage Rd in Brownsville, Texas, and sits along North Expressway 83. Its setting within a retail corridor provides direct identification with the surrounding commercial area. The asset combines a recently constructed physical improvement, 100 percent occupancy, and two established tenant spaces in a compact retail format.
The property is located at 3831 Frontage Rd in Brownsville, Texas, and sits along North Expressway 83. Its setting within a retail corridor provides direct identification with the surrounding commercial area. The asset combines a recently constructed physical improvement, 100 percent occupancy, and two established tenant spaces in a compact retail format.
Key Highlights
- 5,500‑square‑foot retail pad built in 2021
- 100 percent occupied by Verizon Wireless and Snooze Mattress
- Two‑tenant retail configuration
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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?
Shopping center - Newer construction houses two occupied retail tenants along North Expressway 83.
Where is this shopping center located?
The property is located at 3831 Frontage Rd 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 pad built in 2021; 100 percent occupied by Verizon Wireless and Snooze Mattress; Two‑tenant retail configuration
