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29620301
29620308

185 Ruben M Torres Blvd, Brownsville, TX 78520

DG
TX 582851
Coldwell Banker Commercial - RGV
Coldwell Banker Commercial Rio Grande Valley
DB
TX 489258
Coldwell Banker Commercial Rio Grande Valley
Listed by Coldwell Banker Commercial - RGV, Coldwell Banker Commercial Rio Grande Valley
$1,597,000
128 days on market
Updated 35 days ago

Brownsville Freestanding Building

Details
APN 01-9330-0160-0202-00
Property Type Hospitality, Mixed Use (+2)
Sub Type Executive Office, Medical Office (+1)
Square Footage 7,554
Net Rentable (SqFt) 7,554
Units 2
Cap Rate 7.25%
NOI $115,722
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 04/30/2030
Remaining Term 3.9
Lease Options N/A
Pro-Forma Cap Rate 7.62%
Pro-Forma NOI $121,769
Price per SqFt $211
Broker Co-Op Yes
Class A
Year Built 1980
Year Renovated 2012
Buildings 2
Stories 2
Lot Size (SqFt) 23,670
Zoning RC
Parking Spaces 39 spaces
Parking Per SqFt 5.16
Investment Type Net Lease
Lease Commencement 05/01/2025
Occupancy Date 05/01/2025
Ground Lease No
Ownership LLC

High Visibility/Income Producing Asset with Long-Term Healthcare Tenant

Marketing description

Strategically located at the high-visibility intersection of Ruben M. Torres Boulevard and McAllen Road, this office space offers excellent exposure and convenient access. Situated in a high-traffic corridor near Sunrise Mall and surrounded by popular dining and national retailers, the property is ideally positioned within Brownsville’s premier retail district making it a strong location for retail or professional users seeking long-term growth.

Positioned within one of Brownsville’s premier retail and business corridors with strong daily traffic counts. Located minutes from Sunrise Mall and surrounded by national restaurants, retailers, and service providers that drive consistent customer traffic. Income-Producing Asset: Currently leased and generating cash flow, providing immediate income for investors. Ample Parking: Approximately 39 on-site parking spaces available for tenants and customers.

Investment highlights

  • Stabilized, income-producing asset with an established home health care tenant in place, providing consistent cash flow.

  • Long-term lease in place through 2030, offering predictable income and reduced vacancy risk.

  • Tenant operates in the healthcare sector, a recession-resistant industry with steady demand.

  • Prime location at the high-visibility intersection of Ruben M. Torres Boulevard and IH-69, one of Brownsville’s most heavily traveled corridors.

  • Surrounded by national retailers and dining options, including close proximity to Sunrise Mall, enhancing long-term market strength.

  • Strong accessibility and exposure with excellent ingress/egress and prominent street frontage.

  • Attractive investment profile for buyers seeking passive income with minimal near-term lease rollover risk.

  • Potential upside through future rent growth or re-tenanting upon lease expiration.

Listing Contacts

DG
TX 582851
Coldwell Banker Commercial - RGV
Coldwell Banker Commercial Rio Grande Valley
DB
TX 489258
Coldwell Banker Commercial Rio Grande Valley
Listed by Coldwell Banker Commercial - RGV, Coldwell Banker Commercial Rio Grande Valley

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,722.00
$9,643.50/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Daniel Galvan
License
582851
Brokerage Phone
9566311322
Name
Miguel Cardenas
License
825802
Brokerage
Coldwell Banker Commerical Rio Grande Valley
Brokerage Phone
9566399097
Brokerage Address
1655 Ruben M Torres Boulevard
Name
Diana Bakalem
License
489258
Brokerage
Coldwell Banker Commercial Rio Grande Valley
Brokerage Phone
9565042727
Title
Real Estate Broker
Brokerage Address
1655 Ruben M Torres Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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