Via Del Mar Plaza

Via Del Mar Plaza (Lot 5) | Brownsville, TX

Sands Investment Group is Pleased to Present For Sale the Via Del Mar Plaza Located in Brownsville, Texas. The Center is Strategically Located Right Off of Padre Island Highway #170 and Benefits From Strong Retail Traffic From Surrounding Retailers. The Center is 100% Occupied With All Triple Net (NNN) Leases and Possesses Strong Demographics With a Population of 144,696 Residents Within a 5-Mile Radius From the Property, Providing For a Unique Investment.

  • 100% Leased 5-Tenant Center With Triple Net (NNN) Leases
  • Upside Through Increasing NOI as Leases Roll – Several Leases Well Below Market Rates
  • 8,171 SF Center on a 1.38 Acre Lot With the Potential to Expand the Building
  • The Roof Was Seal Coated in 2017 and is Under Warranty Through 2032
  • Brownsville is the Largest City in the Rio Grande Valley and is Ranked the Safest City in the State of Texas
  • Located Near the University of Texas Rio Grande Valley With Over 26,400 Students
  • Brownsville – Matamoros Combined Population of 962,996 Residents; Mexican Nationals Spend an Average of $4.5 Billion Per Year in Texas Border Retail; Brownsville Receives 30-35% of That Activity
  • Brownsville is the Only City in the World That Hosts Five Methods of International Trade: Air, Sea, Road, Rail and Space
  • Located Less Than 2-Miles From the Port of Brownsville and Between Two Major Thoroughfares With a Cumulative Traffic Count of 42,000+ Vehicles Per Day

In Cooperation With Sands Investment Group, Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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