1510 East Interstate Highway 2
Donna, TX
Price:
$3,810,000
Cap Rate:
5.25%
NOI:
$200,000
Building Size:
Approx. 6,646 Sq. Ft.
Lot Size:
Approx. 1.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2025
Investment Overview
- 2025 Construction. 6,646+/- SF Building on 1.6+/- Acre Site
- 10-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5-Yrs. in both the Primary Term and (4) 5-Year Renewal Options
- High-Visibility Regional Corridor- Positioned at I-2/Expressway 83 & FM 493 (132,801+ VPD)
- Anchored Power Center Location w/in the ±200,000 SF “Shops at 493,” co-anchored by Walmart Supercenter, Burlington, Ross, DD’s & More
- Near Major Traffic Drivers – Donna ISD (21 Schools; 13,000+ Students; 2,358 Employees) & Donna-Rio Bravo International Bridge (3.5M+ Crossings/Yr.)
- Cheddar’s Scratch Kitchen is a Casual Dining Restaurant Concept that specializes in Fresh, Made-From-Scratch Meals & Operates 185 Locations
- Donna | Supported by $17.5B+ in Retail Sales and Robust Cross-Border Trade | Population: 16,874+; MSA: 870,000+