T-Mobile Rio Grande City, TX

2612 U.S. 83
Rio Grande City, TX

Price: $1100000
Cap Rate: 7.00%
NOI: $77,000
Building Size: Approx. 2000 Sq. Ft.
Lot Size: Approx. 0.5 Acres
Type: Single-Tenant / Retail
Sub Category: Cell Store
Year Built: 2012

Investment Overview

  • T-Mobile: 4th Largest Mobile Phone Service Provider | Subsidiary of Deutsche Telekom (S&P: BBB+)
  • Newly constructed 2,000+ SF building in primary retail and international trade area
  • Along US Hwy 83 (34,000 Cars / Day) and Peter Diaz Avenue, 1-Mile East of Downtown Rio Grande City
  • Near Exxon, Walmart, HEB, McDonald’s, Whataburger, Best Western, O’Reilly’s, Dollar General, & Bealls
  • Rio Grande City is located 41-Miles W of McAllen | 3-Mile Average Household Income: $43,999

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