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6706 W Expressway 83
Harlingen, TX 78552

$3,723,000 USD

Freestanding For Sale  •  4,541 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,000 SF
  • Lot Size 1.27 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
23 Walk Score

Highlights

Rapidly Growing Family Dining Concept - 166+ Locations
14 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
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Black Bear Diner 11/12/2039

Amenities

  • Corner Lot
  • Signage

Public Transportation

AirportDriveWalkDistance
Valley International 25 min - 10.4 mi
Brownsville/South Padre Island International 41 min - 31.0 mi
McAllen International 40 min - 32.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ian Schroeder 949-345-0970 CBRE, Inc.
Ian Schroeder 949-345-0970 CBRE, Inc.