Freestanding Retail
For Sale
$1,600,000
813 N Minnesota Ave, Brownsville, TX 78521
A Family Dollar tenancy under an NNN lease runs through March 31, 2030.
Property Size9,810 SF
Lot Size1.09 Acres
Price / SF$163.10
Days on Market34
Property Features for 813 N Minnesota Ave
General Information
Standard status
Active
Size
9,810 SF
Total Parking Spaces
33
Lot size
1.09 Acres
Property subtype
Commercial Building
Additional Details
Pylon Signage
Yes
Sprinkler System
Yes
Amenities
handicap access
security system
inside storage
display windows
landscaped grounds
sidewalks
Lot Size Square Feet: 47567
Metal Roof
Total Taxes: $31,136, Tax Year: 2024, Percentage of Tax that is Deductable: 0
Electric Heat Fuel
Sale, Sale Type: Foreclosure
Built in 2019, Community Security
Neighborhood Name: BROWNSVILLE G2K FAMILY DOLLAR
Above Area Square Feet: 9810
Sprinkler System
Sprinklers, Alarm
Aluminum Siding, Stucco Siding
Building Details
Year Built
2019
Construction
stucco and aluminum siding
Tenancy
Single
Listing Agency:
COLDWELL BANKER LA MANSION RESIDENTIAL REAL ESTATE
Listed By:
Hortencia Villarreal · License #0603001
(956) 504-2727
Source:
Doyle-realty
Added: Sep 10
Changed: Oct 13
Last Checked: Oct 12 at 8:12PM
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 RESIDENTIAL REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 2019, this freestanding retail property contains approximately 9,810 square feet on a 47,567-square-foot lot. The building has stucco and aluminum siding, a metal roof, display windows, and interior storage. Site features include 33 paved parking spaces, accessible entry, fire sprinklers, a security system, landscaped areas, sidewalks, and a pole sign.
Family Dollar occupies the property under an NNN lease that extends through March 31, 2030.
Family Dollar occupies the property under an NNN lease that extends through March 31, 2030.
Key Highlights
- Family Dollar tenancy with an NNN lease through March 31, 2030
- Approximately 9,810 square feet of retail space
- 47,567‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,347
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,866,940
$1.9M
Cap Rate 7%
$1,333,529
$1.3M
Cap Rate 9%
$1,037,189
$1.0M
Market Conditions
NOI Build-Up for 9,810 SF
Gross rent
$141.3K $14.40/SF
− Vacancy
−$7.9K −$0.81/SF
EGI
$133.4K $13.59/SF
− OpEx
−$40.0K −$4.08/SF
NOI
$93.3K $9.52/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,866,940
Cap Rate 7%
$1,333,529
Cap Rate 9%
$1,037,189
Alternative Uses
Best Use
Retail
$1.33M
$1.17M – $1.56M
NOI $93,347 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.69M
$1.48M – $1.97M
NOI $118,238 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,142 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,602 visits/mo
0.0 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - A Family Dollar tenancy under an NNN lease runs through March 31, 2030.
Where is this retail space located?
The property is located at 813 N Minnesota Ave Brownsville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Family Dollar tenancy with an NNN lease through March 31, 2030; Approximately 9,810 square feet of retail space; 47,567‑square‑foot lot
