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500 Bibb AveEagle Pass, TX 78852

Eagle Pass, TX: Prime Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity features a brand-new, 7,926 square-foot Texas Roadhouse restaurant in Eagle Pass, Texas. Situated on a 3.05-acre lot at 500 S Bibb Ave, 78852, this single-tenant, absolute NNN lease boasts a 15-year term with three 5-year renewal options and built-in rent escalations in years 6 and 11. The property, constructed in 2024, enjoys 100% occupancy and benefits from a credit-rated tenant. Its strategic location within a dominant retail hub, shadow-anchored by Lowe's and a Walmart Supercenter, ensures high visibility and significant daily traffic exceeding 24,500 vehicles. Eagle Pass's unique position as a key trade route between San Antonio and major Mexican cities, coupled with its thriving retail sector fueled by cross-border shopping, presents a compelling investment case. The city's expanding population, robust infrastructure, and the presence of a new National Guard base further enhance the long-term growth potential. This asset offers a low-maintenance, high-return investment with minimal landlord responsibilities, making it an ideal addition to any portfolio. The property's location within the Eagle Pass metropolitan area, which includes Piedras Negras, Mexico, expands the market reach to over 300,000 people. The high volume of daily border crossings, totaling 346,845 in 2023, underscores the significant consumer base. This presents a rare opportunity to acquire a strong, stable, and growing investment in a dynamic market.

Highlights

  • 15-Year Absolute NNN Ground Lease with rent increases in years 6 and 11.
  • Texas Roadhouse (credit tenant) on a new, 7,926 SF building.
  • Built-in rent escalations during the primary lease term and three 5-year renewal options.
  • High-traffic location (24,500+ vehicles daily) near FM Road 375, shadow-anchored by Lowe's and Walmart.
  • Regional retail hub serving West Texas and the Mexico border.

Property Details for 500 Bibb Ave

Property type
Retail properties, Restaurants
Square Feet
7,926 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
132,858 SF

Location Insight

City
Eagle Pass
County
Maverick
State
Texas
Latitude
28.69995768633
Longitude
-100.48274055203
500 Bibb Ave, Eagle Pass, Texas

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500 Bibb Ave
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