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Restaurant

Black Bear Diner (Heavy Retail Corridor)

3867 Frontage Rd, Brownsville, TX 78520

Listing Price: $3,214,000

Cap Rate
7.00%
Tenant Name
Black Bear Diner
Years Remaining On Lease
4.9
Gross SF
5,600
Guarantor
Corporate Guarantee
Rentable SF
5,600
Price/Gross SF
$573.93
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.17

Investment Overview

The offering presents the opportunity to acquire a Black Bear Diner located along a heavily trafficked retail corridor in Brownsville, Texas, positioned on Frontage Road 77/83 with exposure to approximately 106,362 vehicles per day. The property operates under a triple-net lease, providing passive ownership with no landlord responsibilities, and is situated within an established regional retail hub supported by national anchors and daily-needs traffic drivers. The site benefits from strong highway visibility, convenient ingress and egress, and proximity to major shopping destinations that contribute to consistent consumer draw.

Investment Highlights

  • Triple-Net Lease With 5.1 Years Remaining
  • 5,600 SF Freestanding Building Within the 10-Acre Las Palmas Retail Development
  • Frontage on U.S. Route 77 — Major Route to the U.S./Mexico Border (106,362 VPD)
  • Heavy Retail Corridor Near Sunrise Mall
  • Seven Miles from the Port of Brownsville and Approximately 30 Minutes to Matamoros, Mexico
  • Dense Trade Area With 164,014 Residents and 157,812 Daytime Employees (5-Mile Radius)
  • 169 Locations Across 14 States — Established Casual Dining Brand
  • Brownsville–Harlingen Metro | Population of Approximately 430,000

Exclusively Listed By

Financing By

Restaurant

Black Bear Diner (Heavy Retail Corridor)

Listing Price: $3,214,000

Cap Rate
7.00%
Tenant Name
Black Bear Diner
Years Remaining On Lease
4.9
Gross SF
5,600
Guarantor
Corporate Guarantee
Rentable SF
5,600
Price/Gross SF
$573.93
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.17

Investment Highlights

  • Triple-Net Lease With 5.1 Years Remaining
  • 5,600 SF Freestanding Building Within the 10-Acre Las Palmas Retail Development
  • Frontage on U.S. Route 77 — Major Route to the U.S./Mexico Border (106,362 VPD)
  • Heavy Retail Corridor Near Sunrise Mall
  • Seven Miles from the Port of Brownsville and Approximately 30 Minutes to Matamoros, Mexico
  • Dense Trade Area With 164,014 Residents and 157,812 Daytime Employees (5-Mile Radius)
  • 169 Locations Across 14 States — Established Casual Dining Brand
  • Brownsville–Harlingen Metro | Population of Approximately 430,000

Investment Overview

The offering presents the opportunity to acquire a Black Bear Diner located along a heavily trafficked retail corridor in Brownsville, Texas, positioned on Frontage Road 77/83 with exposure to approximately 106,362 vehicles per day. The property operates under a triple-net lease, providing passive ownership with no landlord responsibilities, and is situated within an established regional retail hub supported by national anchors and daily-needs traffic drivers. The site benefits from strong highway visibility, convenient ingress and egress, and proximity to major shopping destinations that contribute to consistent consumer draw.

Exclusively Listed By

Financing By

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