315 Kings Hwy Brownsville, TX 78521

This income-producing shopping center in Brownsville, Texas, presents a compelling investment opportunity. Located at 315 Kings Hwy, 78521, this 11,499 square foot property sits on a 0.264-acre lot and boasts 17 parking spaces. Built in 1991, the building currently comprises three units, though originally constructed as six, each leased to established businesses on a month-to-month basis. The gross lease structure simplifies management, and there are no rent bumps built into the current agreements. The property offers a strong 6.50% capitalization rate, generating a net operating income (NOI) of $37,200 annually. The asking price is $475,000. Tenants do not have credit ratings. The property is ideal for investors seeking a stable, cash-flowing asset in a high-traffic location. The month-to-month leases provide flexibility for future management and potential rent increases. This is a rare opportunity to acquire a well-located retail property with immediate income generation.