Retail Space /TX /Cameron County /Harlingen /6706 W Expressway 83
Retail Space /TX /Cameron County /Harlingen /6706 W Expressway 83

6706 W Expressway 83 - Freestanding FOR SALE


Harlingen, TX 78552 | 
$4,137,000 USD
949-345-0970
6706 W Expressway 83, Harlingen, TX for Sale
$4,137,000 USD
Freestanding - FOR SALE
1/7
null | 5.85% Cap Rate
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6706 W Expressway 83
Harlingen, TX 78552

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HIGHLIGHTS

  • Rapidly Growing Family Dining Concept - 161+ Locations
  • Brand New 15 Year Corporate Lease - Plus 4 - 5 Year Options
  • Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years
  • 2024 Construction - November 12th Grand Opening
  • $104K AHI Within 1-Mile - Income Tax Free State
  • Retail Corridor - Texas Regional Bank (HQ), Orangetheory Fitness

OVERVIEW

Black Bear Diner is a fast-growing, community-oriented family dining concept that was founded in 1995 and has since grown to over 161 locations across 13 states.

FOR SALE DETAILS

PRICE

$4,137,000 USD

PRICE/SF

$894 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Bear Diner | Harlingen, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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

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