5182 Padre Island Hwy
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5182 Padre Island Hwy
5,205 SF 100% Leased Retail Building Brownsville, TX 78521 $2,263,728 CAD ($435 CAD/SF) 12.50% Cap Rate
Investment Highlights
- High daytime foot and car traffic
- Very active and functioning restaurant
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
5,205 SF
Year Built/Renovated
1975/1992
Price
$2,263,728 CAD
Price Per SF
$435 CAD
Cap Rate
12.50%
NOI
$282,966 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.78 AC
Zoning
C
Parking
28 Spaces (5.38 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 027910-0730-100000 | Improvements Assessment | $298,780 CAD |
Land Assessment | $166,387 CAD | Total Assessment | $465,167 CAD |
PROPERTY TAXES
Parcel Number
027910-0730-100000
Land Assessment
$166,387 CAD
Improvements Assessment
$298,780 CAD
Total Assessment
$465,167 CAD
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Presented by
Abraham CRE
5182 Padre Island Hwy
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