Via Del Mar Plaza Strip Center NNN Brownsville Texas

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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