311 Bryan Rd Mission, TX 78572

This exceptional retail investment opportunity in Mission, Texas, presents a 92,117 square foot center anchored by Burlington and Murdoch's Ranch and Home Supply. The property boasts 100% occupancy with two national credit tenants under long-term NNN leases, offering significant financial stability and minimal landlord responsibilities. Built in 1993, the 7.21-acre property (APN 1469981) is zoned for General Business and enjoys a prime location just four miles from the Anzalduas International Border Crossing, benefiting from substantial cross-border traffic. This strategic location, coupled with proximity to major retail hubs like Sharyland Towne Crossing (over 9 million annual visits) and Market at Sharyland Place (4.9 million annual visits), ensures high visibility and consistent foot traffic. The asking price is $18,518,000, representing a price per square foot of $201.03 and a 6.50% cap rate, with a Net Operating Income (NOI) of $1,203,671. Leases include scheduled rental increases every five years, providing a hedge against inflation. Both tenants have four 5-year options, extending their leases to 2034. Burlington, with an investment-grade credit rating (S&P rated BB+), reported $9.7 billion in fiscal 2023 revenue. Murdoch's is a key regional retailer, with this location being the only one in the Rio Grande Valley and within a 200-mile radius. This property offers a compelling combination of strong tenant credit, long-term leases, and a vibrant retail environment, promising stable and attractive returns for investors. The address is 311 S Bryan Rd, Mission, TX 78572.