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Pablo Kisel Retail - Availability Details

3101 Pablo Kisel Boulevard , Brownsville, TX 78526

  • For Sale $4,200,000
  • City Brownsville
  • Neighborhood Brownsville
  • Zip Code 78526
  • Market McAllen
  • Property Type Retail - Strip
  • Property Size 25,030 Sqft
  • Lot Size 2.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2010
  • Date Updated 14 May, 2021
The subject property is located on Pablo Kisel Boulevard at the intersection with Springmart Boulevard in a major retail trade area just east of Interstate 69, with traffic counts exceeding 50,000 vehicles per day. Numerous national and regional retailers neighbor the property, including Buffalo Wild Wings, Target, TJ Maxx, Burlington Coat Factory, Office Depot, Michaels, PetSmart, Ulta Beauty, Chuck E. Cheese’s, Rudy’s, Chili’s, Johnny Carino’s, Ross Dress for Less, Pier 1 Imports, Best Buy, Gold’s Gym, Marshall’s, Hampton Inn, K Mart, Ashley Furniture, Bed Bath & Beyond, Old Navy, Staples, IHOP, and many others. Sunrise Mall is less than a mile south of the property, anchored by Dillard’s, JCPenney, Bealls, Dick’s Sporting Goods, Sears, and Cinemark Theater. The surrounding area is densely populated with over 151,600 residents within five miles. Additionally, the trade area is supported by more than 55,000 employees within a five-mile radius. The city of Brownsville’s proximity to the Mexican border draws consumers from both the United States and Mexico, including nearby Monterrey, Mexico’s second wealthiest city with a population of approximately 1.2 million people.
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Contacts

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

Highlights

  • 95% Occupied Multi-Tenant Retail Center
  • Comprised of Three Buildings Totaling 25,030 Square Feet
  • All Leases are Triple Net
  • Landlord is Not Currently Collecting Reimbursements, Providing Tremendous Upside Potential | Pro Forma Cap Rate is 11.75%
  • Located at the intersection of Pablo Kisel Boulevard and Springmart Boulevard in a Major Retail Trade Area off of Interstate 69
  • Surrounded by National Retailers
  • Less Than One Mile from Sunrise Mall | Anchored by Dillard’s, JCPenney, Bealls, Dick’s Sporting Goods, Sears, and Cinemark Theater
  • Densely Populated Area with Over 151,600 Residents Within Five Miles

Contact Listing Broker

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

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