6706 W Expressway 83 - Freestanding FOR SALE


Harlingen, TX 78552
$3,872,000 USD
949-345-0970
6706 W Expressway 83, Harlingen, TX for Sale
$3,872,000 USD
Freestanding - FOR SALE
1/6
null | 6.25% Cap Rate

6706 W Expressway 83
Harlingen, TX 78552


HIGHLIGHTS

  • Rapidly Growing Family Dining Concept - 166+ Locations
  • 14.2 Years Remaining - Plus 4 - 5 Year Options
  • Tripe Net (NNN) Lease - 10% Rental Increase Every 5 Years
  • 2024 Construction - Large 1.27 Acre Site
  • $104k AHI Within 1-Mile - Income Tax Free State
  • Retail Corridor - Texas Regional Bank (HQ), Orangetheory Fitness

FOR SALE DETAILS

PRICE

$3,872,000 USD

PRICE/SF

$837 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Bear Diner | Harlingen, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

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

98-4236-0010-0010-00

ASK ABOUT THIS PROPERTY

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

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

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

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