Harlingen, TX

Price:
CAP Rate: 6.25%
NOI: $ 326,499
Lease Term Remaining Before Options: 8 Years 10 Months
Investment Highlights
  • Located at merge of freeways I-69 and I-2. Both interstates have a combined traffic count of over 150,000 vehicles per day.
  • Surrounded by national retail tenants, ±3.2 million square feet of retail space within 1 mile radius including Valley Vista Mall (651,000 SF) and Bass Pro Shop (150,000 SF).
  • Strong cross-border economy with the Free Trade Bridge 13 miles away, a full US Customs facility accommodating 75 commercial trucks simultaneously.
Offering Summary
Price:
CAP Rate: 6.25%
NOI: $ 326,499
Lease Term Remaining Before Options: 8 Years 10 Months