Restaurant Investment Opportunity in
For Sale
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508 Springmart Blvd., Brownsville, TX 78521
Net leased restaurant property with high traffic exposure in Brownsville.
Property Size45,000 SF
Price / SF$38.89
Days on Market164
Property Features for 508 Springmart Blvd.
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Retail
Building Details
Year Built
2006
Listing Agency:
Coldwell Banker Commercial Impact Properties
Listed By:
Donald Haire · License #TX
Source:
Crexi
Added: Mar 12
Changed: Aug 20
Last Checked: Aug 20 at 9:20AM
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 Coldwell Banker Commercial Impact Properties
Investment Insights
Based on property information with market context.
This net lease investment opportunity is located at the corner of Expressway 77 and Springmart Blvd. The property benefits from exceptional exposure along a primary commercial corridor with traffic counts exceeding 100,000 vehicles per day, providing strong visibility and convenient access. The property is leased to Vermillion Restaurant, a Brownsville establishment that has been serving the community for over 50 years. The current lease rate is $12,000 per month NNN, with lease terms available to qualified buyers. The investment is further supported by regional economic drivers including Space X Starbase near Boca Chica and the continuing growth and expansion at the Port of Brownsville including Next Decade LNG, Texas LNG and the announced $300 Billion Dollar America First Refinery.
Key Highlights
- Excellent net lease investment opportunity in a high‑growth real estate market.
- High traffic location (over 100,000 vehicles per day) providing exceptional exposure and access.
- Leased to a long‑standing (50+ years) Brownsville restaurant (Vermillion Restaurant).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
1.3M
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Apparel 27%
Shops & Services 21%
Superstores 10%
Target
Superstores
128,912 visits/mo
0.4 miles
Academy Sports + Outdoors
Apparel
67,910 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
63,866 visits/mo
0.4 miles
Best Buy
Electronics
59,913 visits/mo
0.3 miles
T.J. Maxx
Apparel
58,902 visits/mo
0.4 miles
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
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?
Conventional restaurant - Net leased restaurant property with high traffic exposure in Brownsville.
Where is this conventional restaurant located?
The property is located at 508 Springmart Blvd. Brownsville, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Excellent net lease investment opportunity in a high‑growth real estate market.; High traffic location (over 100,000 vehicles per day) providing exceptional exposure and access.; Leased to a long‑standing (50+ years) Brownsville restaurant (Vermillion Restaurant).
