Black Bear Diner Heavy Retail Corridor — Sale in Brownsville, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Brownsville, TX 78520
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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
Market Context
This retail in Brownsville, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Brownsville, TX — view the full market.
Contact
- Vincent Knipp · (972) 755-5205 · vincent.knipp@marcusmillichap.com
- Philip Levy · (972) 755-5225 · philip.levy@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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