307 E Interstate Hwy 2
Mission, TX
Price:
$2,640,000
Cap Rate:
6.25%
NOI:
$165,000
Building Size:
Approx. 2,395 Sq. Ft.
Lot Size:
Approx. 0.58 Acres
Type:
/ Retail
Sub Category:
Casual Dining
Year Built:
2025
Investment Overview
- 2025 Construction. 2,395+/- SF Building on 0.58+/- Acre Site
- Brand New 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
- Excellent Location Along Expressway 83 (112,286 VPD) in Major Regional Retail Corridor
- Directly Surrounded by Walmart, Home Depot, McDonald’s, T-Mobile & More
- Minutes from Mission Regional Medical Center (1,000+ Employees) and UTRGV (32,441 Students)
- Starbucks Operates 40,000+ Stores in 86 Countries and Reported $36 Billion in 2023 Revenue
- Mission, TX | Highest Median Household Income in Rio Grande Valley | Population: 88,251