About 508 Springmart Blvd.
Excellent net lease investment opportunity located at the corner of Expressway 77 and Springmart Blvd in one of the nations's most active real estate markets. The property benefits from exceptional exposure along one of the region's primary commercial corridors with traffic counts exceeding 100,000 vehicles per day providing strong visibility and convenient access. The property is leased to Vermillion Restaurant, a long standing Brownsville establishment serving the community for over 50 years. Current lease rate is $12,000 per month NNN, with lease terms available to qualified buyers. The investment is further supported by strong regional economic drivers including Space X Starbase near Boca Chica and the continuing growth and expansion at the Port of Brownsville including Next Decade LNG, Texas LNG and the just announced $300 Billion Dollar America First Refinery, the first refinery to be built in Texas in over 50 years.
Features of 508 Springmart Blvd.
| MLS® # | 29774916 |
|---|---|
| Price | $1,750,000 |
| Square Footage | 45,000 |
| Acres | 0.76 |
| Year Built | 2006 |
| Type | Commercial |
| Sub-Type | Commercial, Restaurant |
| Status | Active |
Community Information
| Address | 508 Springmart Blvd. |
|---|---|
| Area | Brownsville |
| Subdivision | THE PROFESSIONAL PLAZA |
| City | BROWNSVILLE |
| County | CAMERON |
| State | TX |
| Zip Code | 78521 |
Amenities
| Amenities | Pole Sign |
|---|---|
| Utilities | 110VAC, 220VAC, Natural Gas Connected, Water Connected, Sewer Connected |
| Features | Handicap Access, Restrooms-Private, Security System, Security Lighting |
| Parking | Blacktop, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile |
|---|---|
| Heating | Central |
| # of Stories | One |
Exterior
| Exterior | Block, Stucco |
|---|---|
| Lot Description | Decorative Lighting, Landscaped |
| Windows | Double Pane Windows |
| Roof | Flat |
Listing Details
| Agent | Donald Haire |
|---|---|
| Office | COLDWELL BANKER IMPACT PROPERTIES |
| Contact Info | 9564257098 |