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Informations principales sur l'investissement

  • Strong Real Estate Fundamental, 42,838 SF building on 4.13 Acres at Below Replacement Cost
  • Renovated in 2014 and Tenant Plan Further Renovation in 2026-2027 at Tenant Expenses
  • No State Income Tax and Business Friendly Texas Location
  • Long-Term Historical Tenancy since 2014 with 8 Years Remaining on the lease.
  • Current NOI at $385,542 (7% Cap), Increase to $424,096 (7.7% Cap) in 2029
  • Strong Demographic and Economic Drivers in the Hub of Rio Grande Valley, South Texas

Résumé analytique

Kidder Mathews and Bang Realty-Texas Inc. are pleased to present the exclusive offering of a single-tenant, NNN leased investment occupied by Southern Careers Institute (“SCI”), located at 935 North Expressway in Brownsville, Texas 78523.
The property consists of a 42,838-square-foot institutional-quality educational facility situated on approximately 4.13 acres along North Expressway, one of Brownsville’s primary commercial and transportation corridors. Originally constructed in 1986 and renovated in 2014, the asset benefits from strong visibility, excellent access, and an
established infill location surrounded by dense residential neighborhoods, national retailers, and key commercial services.
Southern Careers Institute has successfully operated at this location since June 2014 and is currently committed to a long-term lease extending through May 31, 2034, providing approximately eight years of remaining term. The property generates current annual net operating income of $385,542, with the next contractual rent increase scheduled for June 1, 2029, increasing NOI to $424,096.
The lease is structured as a NNN lease with zero landlord responsibilities, offering investors a fully passive ownership structure with no obligations for maintenance, repairs, taxes, insurance, or capital expenditures. This structure makes the asset ideally suited for passive investors and 1031 exchange buyers seeking stable, long-term cash flow.
Founded in 1960, Southern Careers Institute operates eight campuses across Texas, in addition to a robust online education platform. SCI is a well-established vocational education provider focused on workforce development programs in healthcare, skilled trades, technology, and business disciplines, serving growing employment sectors across the state.
The offering presents a compelling real estate and income opportunity, with below market in-place rents and acquisition pricing at below replacement cost for a comparable institutional-grade educational facility. This combination provides investors with both durable in-place income and meaningful long-term upside potential.
Strategically located within Brownsville’s dominant commercial corridor, the property benefits from strong surrounding national retailers and consistent consumer traffic. Nearby tenants include Walmart, H-E-B, The Home Depot, McDonald’s, Chick-fil-A, Starbucks, Walgreens, CVS, Whataburger, AutoZone, and additional national and regional operators, reinforcing strong retail synergy within the trade area.
Brownsville serves as the economic, healthcare, educational, and international trade hub of the Rio Grande Valley, supported by cross-border commerce, logistics activity, manufacturing, and steady population growth. The market continues to benefit from long-term demographic expansion and infrastructure investment.
Furthermore, the asset is supported by strong demographics, including a population exceeding 175,000 residents within a five-mile radius and average household incomes approaching $68,000 annually. Convenient access to Interstate 69E/US-77, US-83, and major regional thoroughfares provides excellent connectivity and locational stability.

Informations sur l’immeuble

Type de vente
Investissement triple net
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
4 026 m²
Classe d’immeuble
C
Année de construction/rénovation
1986/2014
Prix
4 746 204 €
Prix par m²
1 178,82 €
Taux de capitalisation
7 %
RNE
332 098 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Surface du lot
1,67 ha
Zonage
C
Façade
61 m sur I-69E North Expressway

Caractéristiques

  • Ligne d’autobus
  • Visibilité de l’autoroute
  • CVC contrôlé par l’occupant
  • Climatisation
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Plutôt praticable en vélo
40/100

Principaux commerces à proximité

Planet Fitness
Buddy's Home Furnishings
Denny's
Red Lobster
PNC Bank
First Convenience Bank
H-E-B
La Hacienda

Taxes foncières

Taxes foncières

Numéro de parcelle
064870-0020-000000
Évaluation du terrain
186 093 €
Évaluation des aménagements
1 533 237 €
Évaluation totale
1 719 329 €
  • ID de l’annonce: 40961801

  • Date de mise sur le marché: 17/06/2026

  • Dernière mise à jour:

  • Adresse: 935 North Expy, Brownsville, TX 78520

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