1104 E Elizabeth St, Brownsville, TX 78520

This offering presents a compelling retail investment opportunity in downtown Brownsville, Texas. The property consists of an approximately 23,500 square foot, two-story retail building situated on 0.26 acres along E Elizabeth Street, a primary commercial corridor serving the downtown trade area.

The ground floor is partially leased to Dollar Tree, a nationally recognized discount retailer occupying approximately 11,400 square feet and generating $146,861.54 in net operating income, providing investors with stable in-place cash flow at a 7.50% cap rate. The remaining space, including the second floor, is currently vacant, presenting a significant value-add opportunity through lease-up for office, retail, medical, or service-oriented tenants, allowing investors to increase income and overall asset value.

The property is strategically located minutes from the international bridges connecting Brownsville and Matamoros, Mexico, supporting strong cross-border commerce and consistent consumer traffic. Additionally, the region is experiencing substantial economic growth driven by SpaceX’s Starbase facility in nearby Boca Chica, multi-billion-dollar LNG export projects, and expanding industrial activity at the Port of Brownsville, which continue to attract investment, job creation, and population growth to the area.

With its national tenant presence, stable income stream, and significant leasing upside, the asset offers investors an attractive opportunity within the rapidly evolving Rio Grande Valley market.