7-Eleven with Laredo Taco Brownsville, TX

651 E Morrison Rd
Brownsville, TX

Price: $7,223,200
Cap Rate: 5.00%
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 Absolute NNN Lease w/ 7.5% Rental Increases Every 5 Years
  • Excellent Location at Intersection of Morrison Rd & Pablo Kisel Blvd (46,000+ Combined VPD)
  • Large Format 7-Eleven Features Laredo Taco, 48 Parking Spaces and 6 MPDs
  • High Growth Trade Area Next to Sunrise Mall With 100 Stores and Restaurants
  • 7-Eleven Is the Largest Convenience Store Chain in the World With 85,000 Stores
  • Brownsville, TX | 8th Largest MSA in Texas | Population: 186,738

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