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1160 E Alton Gloor Blvd 11,350 SF 100% Leased Retail Building Brownsville, TX 78526 $4,765,140 CAD ($419.84 CAD/SF) 5.99% Cap Rate
Investment Highlights
- Investment Opportunity 17 Tenant Retail Building with added growth
Executive Summary
PRIME RETAIL PLAZA WITH EXCELLENT VISIBILITY NEAR EXPRESSWAY...BAMBOO PLAZA, AN 11,360 SF. retail center ideally located just minutes from the expressway. This high-visibility, heavily trafficked area features a diverse and reliable mix of long-term tenants, including retail shops, restaurants, insurance/real estate agencies, and personal service providers. Current tenants include Cricket Wireless, Fortaleza Insurance, Frijoles Mexican Restaurant, Pie & Cake Bakery, Sapphire Prime Realty, Medical Insurance Provider, and an Art learning Center, catering both family and individual needs. With Multiple Office Spaces, Receptionist desk, Conference Room, Kitchenette, public Restrooms, all with Amply parking of +/-50 parking spaces. Bamboo Plaza offers a stable Investment Opportunity and excellent potential for continuous growth. Total of 17 Suites.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$390,327
|
$34.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$390,327
|
$34.39
|
| Taxes |
$34,530
|
$3.04
|
| Operating Expenses |
$70,303
|
$6.19
|
| Total Expenses |
$104,833
|
$9.24
|
| Net Operating Income |
$285,494
|
$25.15
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $390,327 |
| Annual Per SF | $34.39 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $390,327 |
| Annual Per SF | $34.39 |
| Taxes (CAD) | |
|---|---|
| Annual | $34,530 |
| Annual Per SF | $3.04 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $70,303 |
| Annual Per SF | $6.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $104,833 |
| Annual Per SF | $9.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $285,494 |
| Annual Per SF | $25.15 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,350 SF
Building Class
C
Year Built
2012
Price
$4,765,140 CAD
Price Per SF
$419.84 CAD
Cap Rate
5.99%
NOI
$285,494 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.85 AC
Zoning
C - The property is zoned commercial.
Frontage
Amenities
- Conferencing Facility
- Pylon Sign
- Restaurant
- Security System
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Fortaleza Insurance Group Llc
- Finance and Insurance
- 750 SF
- -
- Full Service
- -
- Oficinas Bamboo
- Retailer
- -
- -
- -
- -
- Panorama Successful People
- Public Administration
- -
- -
- -
- -
- Pie & Cake Llc
- Retailer
- 750 SF
- -
- Full Service
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Fortaleza Insurance Group Llc | Finance and Insurance | 750 SF | - | Full Service | - | |
| Oficinas Bamboo | Retailer | - | - | - | - | |
| Panorama Successful People | Public Administration | - | - | - | - | |
| Pie & Cake Llc | Retailer | 750 SF | - | Full Service | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 027100-0010-002000 | Total Assessment | $1,952,845 CAD |
| Land Assessment | $531,856 CAD | Annual Taxes | $34,530 CAD ($3.04 CAD/SF) |
| Improvements Assessment | $1,420,990 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
027100-0010-002000
Land Assessment
$531,856 CAD
Improvements Assessment
$1,420,990 CAD
Total Assessment
$1,952,845 CAD
Annual Taxes
$34,530 CAD ($3.04 CAD/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Sapphire Prime Realty
1160 E Alton Gloor Blvd
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