Southern Career Institute, Single-Tenant NNN
Single-Tenant NNN | 7.00% CAP | $128.63 PSF
Marketing description
Kidder Mathews and Bang Realty-Texas Inc. are pleased to present the exclusive offering of a single-tenant, NNN leased investment occupied by Southern Careers Institute (“SCI”), located at 935 North Expressway in Brownsville, Texas 78523.
The property consists of a 42,838-square-foot institutional-quality educational facility situated on approximately 4.13 acres along North Expressway, one of Brownsville's primary commercial and transportation corridors. Originally constructed in 1986 and renovated in 2014, the asset benefits from strong visibility, excellent access, and an established infill location surrounded by dense residential neighborhoods, national retailers, and key commercial services.
Southern Careers Institute has successfully operated at this location since June 2014 and is currently committed to a long-term lease extending through May 31, 2034, providing approximately eight years of remaining term. The property generates current annual net operating income of $385,542, with the next contractual rent increase scheduled for June 1, 2029, increasing NOI to $424,096.
The lease is structured as a NNN lease with zero landlord responsibilities, offering investors a fully passive ownership structure with no obligations for maintenance, repairs, taxes, insurance, or capital expenditures. This structure makes the asset ideally suited for passive investors and 1031 exchange buyers seeking stable, long-term cash flow.
Founded in 1960, Southern Careers Institute operates eight campuses across Texas, in addition to a robust online education platform. SCI is a well-established vocational education provider focused on workforce development programs in healthcare, skilled trades, technology, and business disciplines, serving growing employment sectors across the state.
The offering presents a compelling real estate and income opportunity, with below market in-place rents and acquisition pricing at below replacement cost for a comparable institutional-grade educational facility. This combination provides investors with both durable in-place income and meaningful long-term upside potential.
Strategically located within Brownsville's dominant commercial corridor, the property benefits from strong surrounding national retailers and consistent consumer traffic. Nearby tenants include Walmart, H-E-B, The Home Depot, McDonald's, Chick-fil-A, Starbucks, Walgreens, CVS, Whataburger, AutoZone, and additional national and regional operators, reinforcing strong retail synergy within the trade area.
Investment highlights
LONG-TERM NNN LEASE
• NNN lease with zero landlord responsibilities
• Current NOI of $385,542
• Scheduled rent increase on June 1, 2029 to $424,096
• Lease expiration on May 31, 2034 with no option
• Tenant in place since June 2014, demonstrating long-term stability
ESTABLISHED EDUCATIONAL TENANT
• Occupied by Southern Careers Institute, a Texas-based vocational education provider founded in 1960
• Operates 8 campuses across Texas plus online programs
• Long-term operational history and commitment to the location
• Focused on high-demand workforce training in healthcare, skilled trades, and technical fields STRONG REAL ESTATE FUNDAMENTALS
• 42,838 SF institutional-quality educational facility
• Situated on approximately 4.13 acres KIDDER MATHEWS
• Built in 1986 and renovated in 2014
• Strong frontage along North Expressway
• Excellent visibility, access, and surrounding commercial density
ATTRACTIVE BASIS & UPSIDE POTENTIAL
• Below-market in-place rental rate
• Potential mark-to-market upside at lease expiration
• Below replacement cost
DOMINANT BROWNSVILLE LOCATION
• Located within Brownsville’s primary retail and commercial corridor
• Surrounded by national retailers and restaurants
• Strong regional connectivity and accessibility
• Dense infill location with established development
TEXAS INVESTMENT ADVANTAGES
• No state income tax
• Business-friendly operating environment
• Strong population and economic growth across South Texas
STRONG DEMOGRAPHICS & ECONOMIC DRIVERS
• Population exceeding 175,000 residents within five miles
• Average household income approaching $68,000 within the trade area
• Brownsville serves as a economic hub of the Rio Grande Valley in South Texas
• Supported by healthcare, education, logistics, international trade, and cross-border commerce
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?




































