651 E Morrison Rd
 Brownsville, TX 						
						
						
						
						
															
									Price: 
									
									$6,627,000								
								
								 
									
										Cap Rate: 
										
										5.45%									
									
																						
								NOI: 
								
									$361,160								
							
															
									Building Size: 
									
									Approx. 4,650 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 1.543 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Convenience / Gas								
								
																						
								
									Year Built: 								
									
									2024								
								
													 
													
												
							Investment Overview
							
- 2024 Construction. 4,650+/- SF Building on 1.543+/- Acre Site
 
- Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
 
- Large Format 7-Eleven – Sitting on 1.543 AC Parcel, New Store Features a Laredo Taco, 48 Parking Spaces and 6 MPDs
 
- High Growth Trade Area Next to the Sunrise Mall (100+ Stores and Restaurants)
 
- The Rio Grande Valley Continues To Be One of the Fastest Growing Regions in America
 
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
 
- Brownsville | 8th Largest MSA in Texas | Population: 186,738+