301 Morrison RdBrownsville, TX 78526
- Other commercial real estate
- 130,269 SF
Property Details for 301 Morrison Rd
- Year built
- 2005
- Lot size
- 8.38 AC
- Property size (Sq ft)
- 130,269 SF
- Property type
- Other commercial real estate
- APN
- 05-0041-0010-0020-00
- APU
- 500410010002000
Description
This exceptional retail opportunity presents a 18,100 square foot in-line space available for lease within the thriving Las Tiendas Plaza shopping center in Brownsville, Texas. Strategically located at the intersection of US Expressway 77 & 83 and Morrison Road, this property benefits from high visibility and significant traffic volume. The site is situated between established national retailers Michael's and Ulta, ensuring strong co-tenancy and customer draw. The plaza is anchored by a Target store, further enhancing its appeal and attracting a substantial customer base. This 0.98-acre pad site offers excellent potential for a variety of retail uses. Lease rates are available upon request. The property's triple net (NNN) lease structure includes a base rent, plus common area maintenance (CAM) charges of $2.72 per square foot, insurance costs of $2.28 per square foot, and property taxes of $5.04 per square foot. This prime location, combined with its proximity to major roadways and established retailers, makes this an exceptional investment opportunity for businesses seeking high visibility and strong foot traffic in a rapidly growing market. The single suite building offers a contiguous space of 18,100 square feet, providing ample room for a variety of retail concepts. Contact us today to learn more about this outstanding retail opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $24,936,950
- Hospitality
- $22,842,112
- Educational
- $19,004,368
- Medical
- $19,657,958
- Retail
- $29,562,352
Location Insight
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Latitude
- 25.9684
- Longitude
- -97.5099
- CBSA code
- 15180
- CBSA name
- BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].