5740 Ruben Torres Blvd, Brownsville - Investment Sale
5740 Ruben M Torres Boulevard, Brownsville, TX 78526
Property Highlights & Information
- Beautiful 3-tenant retail investment, newly built in 2022, on a signalized intersection with drive-thru
- Starbucks is under construction on the hard corner lot next door
- Brownsville’s largest employer is now SpaceX (5,000 estimated employees in 2024). SpaceX has turned Brownsville into a hub for aerospace activities and has attracted numerous businesses and suppliers
- The Port of Brownsville, one of Brownsville’s largest employers and a source of tremendous activity is located less than 2 miles from this site
- Tenants:
- Strong Corporate Fred Loya lease with rent increase ahead
- Large Papa John’s Corporate franchisee with rent increase ahead
- Boba Tea Express with annual base rent increases, drive-thru and a strong personal guaranty
- This asset is surrounded by a wide variety of national brands including McDonalds’s, CVS, Family Dollar, Dollar Tree, Advance Auto, Whataburger, Rent-A-Center, Subway, Boost Mobile, Burger King and more
- Strong demographics with more than 56k population with Avg. household income over $71k within 3 miles & 137k+ population with Avg. HH income over $69k within 5 miles
| Space Available: | 3,800 SF |
|---|
Available Opportunities
For Sale 3,800 SF Retail Freestanding Building
Demographic Information
| Population (3m) | 56,434 |
|---|---|
| Average Household Income (3m) | $71,026 |
| Traffic Count | Ruben M Torres Blvd: 18,068 VPD (Source: CoStar 2022) E 14th St: 19,538 VPD (Source: CoStar 2022) |
