For Sale
$4,709,524

3341 Boca Chica Boulevard Brownsville, TX 78520

High-traffic NNN-leased restaurant

Overview

Added:
Jan 24
Days on market:
95
This exceptional investment opportunity presents a 2,724 square-foot Raising Cane's restaurant in Brownsville, Texas, built in 2016. The property boasts a highly desirable absolute NNN lease with zero landlord obligations, ensuring a passive income stream. Rent increases are scheduled every five years, providing consistent growth potential. Strategically located on a hard corner with a signalized intersection, this location benefits from exceptional visibility to 111,000 vehicles per day on US Highway 77. The property's prime location is situated between a Walmart Supercenter and a Home Depot, within a thriving trade area of 190,567 residents. The proximity to The University of Texas Rio Grande Valley (serving over 12,000 students) further enhances the property's appeal. The drive-thru adds to the operational efficiency and revenue potential. This investment offers a secure, low-maintenance opportunity in a rapidly growing market, leveraging the strength of a nationally recognized brand and a robust local economy. Brownsville, the county seat of Cameron County, is experiencing significant growth, fueled by its international trade with Mexico and a booming manufacturing sector. The nearby Port of Brownsville serves as a major economic driver for the region. This is a rare chance to acquire a well-performing, established asset in a prime location. The 0.9-acre lot provides ample space for the existing building and potential future expansion. The 15-year lease provides long-term stability and predictable cash flow.

Highlights

  • NNN leased Raising Cane's with zero landlord obligations.
  • 2,724 sq ft building, built in 2016, includes drive-thru.
  • High-visibility location near major retailers and university, strong traffic counts.

Property Details for 3341 Boca Chica Boulevard

Property type
Retail properties
Square Feet
2,724 SF
Price / Square Foot
$1,728.90
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
39,204 SF
Units
1
Net Operating Income
$247,250

Location Insight

City
Brownsville
County
State
Texas

FAQs

What type of property is this?
Retail property - High-traffic NNN-leased restaurant
Where is the retail property located?
The property is located at 3341 Boca Chica Boulevard Brownsville, TX.
What is the asking price?
The asking price for this property is $4,709,524.
What are key features of this property?
This property features: NNN leased Raising Cane's with zero landlord obligations.; 2,724 sq ft building, built in 2016, includes drive-thru.; High-visibility location near major retailers and university, strong traffic counts.
How can I contact the broker?
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3341 Boca Chica Boulevard
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