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    2265 Central Blvd Brownsville, TX 78520

    For Sale
    Contact for pricing

    Seven-building retail portfolio; strong lease terms.

    Property size:
    68,854 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a seven-building portfolio of six operating Dulceria Pinkies stores strategically located across six thriving Texas markets: Brownsville (two locations), McAllen, Corpus Christi, Humble, and Pasadena. The portfolio encompasses a total of 68,854 square feet of retail space, distributed across seven single-story buildings. Each store operates under a single-tenant, net-lease agreement, providing a predictable and stable income stream. A significant advantage is the weighted average lease term exceeding ten years, offering long-term security and consistent cash flow. The portfolio's diverse geographic locations across Texas mitigate risk and capitalize on the robust growth of these markets. This is an ideal acquisition for investors seeking a diversified, low-maintenance, high-yield retail investment with substantial long-term potential. Specific addresses include: 2265 Central Blvd and 2714 Southmost Rd, Brownsville, TX; 2308 Horne Rd, Corpus Christi, TX; 3227 FM 1960, Humble, TX; 1724 Richey St, Pasadena, TX; and 410 Ash Ave W, McAllen, TX. The portfolio includes a vacant property in Mission, TX, offering potential for future development or lease. The Class C properties provide a solid foundation for a strong return on investment.

    Property Features for 2265 Central Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    68,854 SF
    Class
    C

    Building Details

    Buildings
    7
    Stories
    1

    HighLights

    • 7‑building retail portfolio totaling 68,854 square feet.
    • Six single‑tenant, NNN leased Dulceria Pinkies stores across Texas.
    • Weighted average lease term exceeding 10 years.
    • Locations in Brownsville (2), McAllen, Corpus Christi, Humble, and Pasadena, Texas.
    • One vacant building in Mission, Texas.
    • Class C properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dulcerias Pinkis - Central Candy Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.510344930442
    Latitude
    25.937549420749

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    FAQs

    What type of property is this?
    Individual retail property - Seven-building retail portfolio; strong lease terms.
    Where is this individual retail property located?
    The property is located at 2265 Central Blvd Brownsville, TX.
    What are key features of this property?
    This property features: 7-building retail portfolio totaling 68,854 square feet.; Six single-tenant, NNN leased Dulceria Pinkies stores across Texas.; Weighted average lease term exceeding 10 years.
    Request Owner's contact information
    2265 Central Blvd Brownsville, TX 78520
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    Brownsville, TX 78520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2265 Central Blvd Brownsville, TX 78520
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