1913 Us-83Penitas, TX 78576

For Sale
$1,077,000
Added:
Dec 11, 2024
Days on market:
93

Highlights

  • Brand-new, high-quality 2024 construction on a 0.76-acre lot with excellent ingress/egress and ample parking.
  • Long-term, absolute NNN ground lease with 10% rental escalations every 5 years, providing a passive income stream and inflation hedge.
  • Strong corporate guarantee from Driven Brands, the largest automotive services company in North America.
  • Adjacent to a new 58-acre development including multi-family units and national retailers like Kohl's, PetSmart, and Chick-fil-A.
  • Excellent highway visibility and accessibility on Highway 83, boasting over 38,311 vehicles per day.
  • Best-in-class tenant, Take 5 Oil Change, with over 800 locations and high customer satisfaction ratings.

Property Details for 1913 Us-83

Property type
Other retail properties, Individual retail properties
Square Feet
1,682 SF
Year Built
2024
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Penitas
County
Hidalgo
State
Texas
Latitude
26.2434409
Longitude
-98.4404755
1913 Us-83, Penitas, Texas

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1913 Us-83
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