Shopping Strip
Verizon Wireless & Snooze Mattress
3831 Frontage Rd, Brownsville, TX 78520
Listing Price: $2,589,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire Verizon Wireless & Snooze Mattress, a newer construction, 100 percent occupied, two-tenant retail pad positioned within one of Brownsville's premier retail corridors. The property is leased to Verizon Wireless, one of the nation's leading wireless providers, and Snooze Mattress, a rapidly expanding regional retailer, providing investors with stable, triple-net cash flow, contractual rent growth, and minimal landlord responsibilities. Situated along North Expressway 83 in the heart of the city's dominant retail trade area, the asset offers an attractive combination of corporate-quality tenancy, exceptional visibility, embedded rent growth, and long-term appreciation potential.
Investment Highlights
- Newer Construction | Completed in 2021
- 100% Occupied | Passive Triple-Net Investment
- Corporate & Regional Credit Tenancy
- Irreplaceable Pad Location
Exclusively Listed By
Financing By
Listing Price: $2,589,000
Investment Highlights
- Newer Construction | Completed in 2021
- 100% Occupied | Passive Triple-Net Investment
- Corporate & Regional Credit Tenancy
- Irreplaceable Pad Location
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire Verizon Wireless & Snooze Mattress, a newer construction, 100 percent occupied, two-tenant retail pad positioned within one of Brownsville's premier retail corridors. The property is leased to Verizon Wireless, one of the nation's leading wireless providers, and Snooze Mattress, a rapidly expanding regional retailer, providing investors with stable, triple-net cash flow, contractual rent growth, and minimal landlord responsibilities. Situated along North Expressway 83 in the heart of the city's dominant retail trade area, the asset offers an attractive combination of corporate-quality tenancy, exceptional visibility, embedded rent growth, and long-term appreciation potential.
Exclusively Listed By
Financing By