4108 Business Highway 281Edinburg, TX 78539
- Retail properties
- 950 SF
Property Details for 4108 Business Highway 281
- Year built
- 2024
- Lot size
- 0.90 AC
- Property size (Sq ft)
- 950 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Location Insight
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Latitude
- 26.2632
- Longitude
- -98.1719
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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