Harlingen, TX 78550

7-Eleven (Stripes)

Property Address

1610 South F Street, Harlingen, TX, USA

Offering Summary

  • Price: $5,964,900
  • Lot Size: 2.64 Acres
  • Cap Rate: 5.0%
  • Year Built: 2023
  • Building SF: 4,842
  • Status: Available
Download Brochure Submit Offer
  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc.
  • 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
  • New High-Quality 2023 Construction on Large 2.64-Acre Lot with 8 Fueling Stations
  • Optimization of Successful Smaller Store Nearby
  • Property Qualifies for 100% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • 99,618 Residents within a 5-Mile Radius - Households and Population Projected to Increase Approx. 4% in the Surrounding Area by 2028
  • Excellent Frontage Along U.S. Highway 83 / Interstate 69E (85,500+ Cars per Day)
  • 1 Mile from Harlingen’s Primary Retail Corridor, Anchored by Valle Vista Mall

Broker Information