2310 Spur 54 - Storefront FOR SALE


Harlingen, TX 78552
$5,200,000 USD
469-844-8034
2310 Spur 54, Harlingen, TX for Sale
$5,200,000 USD
Storefront - FOR SALE
1/8
null | 6.8% Cap Rate

2310 Spur 54
Harlingen, TX 78552


OVERVIEW

Outparcel to High Performing Sam’s Club 2018 Construction & 100% Leased - 14,274 SF Retail Center in the Heart of Harlingen, TX Stable & Diversified Tenant Mix – Existing Tenants on Triple Net Leases with Staggered Lease Expirations, Ensuring Long Term Income Stability Drive Thru End Cap – Enhancing Tenant Desirability and Consumer Convenience Average Suite Size is 1,300SF – Proving Access to Large Pool of Tenants Visibility and Access from Interstate 2, Highway 77 & U.S 83 | Combined Traffic Count of 175,565 VPD High-Growth Trade Area – Located Within a Rapidly Expanding Retail and Commercial Development Explosive Regional Growth – The Rio Grande Valley’s population is projected to nearly double by 2045, from 1.3 million to 2.4 million, fueled by substantial employment growth. Surrounded by Top National Retailers – Including Sam’s Club, Walmart Supercenter, Bass Pro Shops, Starbucks, H-E-B, Chipotle, Whataburger, Target, Kohl’s, Office Depot, Walgreens, JCPenney, Marshalls, Academy, and more.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harlingen Heights Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

-

APN/PARCEL ID

224115-0010-004000

ASK ABOUT THIS PROPERTY

Will SchubertSTRIVEMore Info
469-844-8034

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Will SchubertSTRIVEMore Info
469-844-8034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.