For Sale
$2,400,000
3563 Pablo Kisel Blvd Brownsville, TX 78526
High-performing QSR, 20-year lease, Texas.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- New 660 SF Scooter's Coffee in Brownsville, TX, on a 0.89-acre lot.
- 20-year NNN lease starting October 1, 2024, with 7.5% rent increases every five years and four, five-year renewal options.
- Strong unit economics with AUVs ranging from $850,000 to over $1.5M, and EBITDA margins of 16%-22%.
- High-performing location projected to exceed national averages; situated near top-performing restaurants and Sunrise Mall (Texas's #3 ranked mall by visits).
- Lease guaranteed by an experienced franchisee planning 12 Texas locations.
- $2,400,000 asking price, representing a 6.50% cap rate and $3,636.36/SF; current NOI of $156,000.
Property Details for 3563 Pablo Kisel Blvd
- Property type
- Retail properties, Restaurants
- Square Feet
- 660 SF
- Year Built/Renovated
- 2024/2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 38,768 SF
- Units
- 1
Location Insight
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Latitude
- 25.966675969673
- Longitude
- -97.504977493617
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing QSR, 20-year lease, Texas.
- Where is the retail property located?
- The property is located at 3563 Pablo Kisel Blvd Brownsville, TX.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: New 660 SF Scooter's Coffee in Brownsville, TX, on a 0.89-acre lot.; 20-year NNN lease starting October 1, 2024, with 7.5% rent increases every five years and four, five-year renewal options.; Strong unit economics with AUVs ranging from $850,000 to over $1.5M, and EBITDA margins of 16%-22%.
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