935 North Expy 43 338 pi² 100% Loué Commerce de détail Immeuble Brownsville, TX 78520 7 768 218 $ CAD (179,25 $ CAD/pi²) 7% Taux de capitalisation

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.