Remodeled Multi-Suite Shopping
For Sale
Contact for pricing
Pending
624 EXPRESSWAY, Brownsville, TX 78520
Fully leased center with refreshed suites, new air-conditioning systems, and a renovated parking lot.
Property Size12,800 SF
Days on Market143
Property Features for 624 EXPRESSWAY
General Information
Standard status
Pending
Size
12,800 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
8%
Amenities
new AC each suite
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker La Mansion Real Estate
(956) 504-2727
Listed By:
Hortencia Villarreal · License #0603001
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 7:45PM
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 La Mansion Real Estate
Investment Insights
Based on property information with market context.
This shopping center contains 16 suites totaling 12,800 square feet, with every suite leased. The property has undergone a full remodel, and each suite includes new air-conditioning equipment. Tenant uses represented at the center include phone sales, beauty services, day care, air-conditioning service, and construction operations.
The property is located at 624 Expressway in Brownsville, Texas. Site improvements include a parking lot redone in 2018, supporting the center’s multi-suite commercial configuration. The reported average cap rate is 8%.
The property is located at 624 Expressway in Brownsville, Texas. Site improvements include a parking lot redone in 2018, supporting the center’s multi-suite commercial configuration. The reported average cap rate is 8%.
Key Highlights
- 16 leased suites totaling 12,800 square feet
- Fully remodeled shopping center with all suites leased
- New AC installed in each suite
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Under-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 - Fully leased center with refreshed suites, new air-conditioning systems, and a renovated parking lot.
Where is this shopping center located?
The property is located at 624 EXPRESSWAY Brownsville, TX.
What are key features of this property?
This property features: 16 leased suites totaling 12,800 square feet; Fully remodeled shopping center with all suites leased; New AC installed in each suite
