For Sale
$1,692,000

4108 Business Highway 281Edinburg, TX 78539

High-growth market; 15-year NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional investment opportunity presents a brand-new, 950-square-foot Dutch Bros Coffee located in Edinburg, Texas. The property sits on a 0.9-acre lot and is an outparcel to The Shoppes at Rio Grande Valley, a major retail center. This absolute NNN ground lease boasts a 15-year term commencing September 15, 2024, and expiring September 15, 2039, with built-in rent bumps. The property benefits from a corporate guarantee and a strong 5.50% cap rate, generating a net operating income (NOI) of $93,015. The strategic location at the signalized intersection of Trenton Road and South Business Highway 281 provides high visibility and accessibility to over 47,000 vehicles daily. The surrounding area features affluent demographics, with an average annual household income within 3 miles exceeding $105,000, and a substantial population base of 243,145 residents within 5 miles. Proximity to major employers, including Doctor's Hospital at Renaissance, The University of Texas Rio Grande Valley, and South Texas Health System Edinburg, further enhances the property's appeal. Built in 2024, this high-quality construction includes a dual-lane drive-thru, maximizing efficiency and sales potential. This is an ideal opportunity for an out-of-area investor seeking a low-management, high-return investment in a rapidly growing Texas market. The asking price is $1,692,000.

Highlights

  • $1,692,000 asking price for a 950 SF retail property in Edinburg, TX.
  • Absolute NNN net lease with a corporate guarantee from Dutch Bros Coffee.
  • 15-year lease commencing September 15, 2024, with 10% rent increases every five years.
  • 5.50% cap rate and $93,015 annual net operating income (NOI).
  • Located on a 0.9-acre lot at a signalized intersection with high daily traffic counts (47,584 vehicles).

Property Details for 4108 Business Highway 281

Property type
Retail properties, Restaurants
Square Feet
950 SF
Year Built
2024
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.2632223
Longitude
-98.1718928
4108 Business Highway 281, Edinburg, Texas

FAQs

What type of property is this?
Retail property - High-growth market; 15-year NNN lease.
Where is the retail property located?
The property is located at 4108 Business Highway 281 Edinburg, TX.
What is the asking price?
The asking price for this property is $1,692,000.
What are key features of this property?
This property features: $1,692,000 asking price for a 950 SF retail property in Edinburg, TX.; Absolute NNN net lease with a corporate guarantee from Dutch Bros Coffee.; 15-year lease commencing September 15, 2024, with 10% rent increases every five years.
How can I contact the broker?
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4108 Business Highway 281
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