Harlingen, TX 78550

Southern Careers Institute

Property Address

1122 Morgan Blvd, Harlingen, TX, USA

Offering Summary

  • Price: $4,985,285
  • Lot Size: 1.24 Acres
  • Cap Rate: 6.0%
  • Year Built: 2015
  • Building SF: 18,324
  • Status: Available
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  • Over 4 Years Remaining on Corporate Absolute Triple-Net (NNN) Lease
  • 2% Annual Rental Increases and 1, 5-Year Renewal Option
  • Across the Street from H-E-B Supermarket and U-Haul Storage Services
  • Surrounded by National Restaurant Chains - Sonic, Pizza Hut, Little Caesars Pizza, McDonald’s, Church’s Chicken, and More
  • High Visibility Location near Signalized Intersection of Grimes Avenue, and Morgan Boulevard (20,000+ Cars/Day)
  • Central Location within 2 Miles / 5 – 6 Minutes Commute to Downtown Harlingen and Valley International Airport
  • Steadily Growing Trade Area with 145,863 Residents within a 10-Mile Radius
  • Less than 2 Miles from Educational Institutions - Texas State Technical College Harlingen, the Marine Military Academy, and Harlingen School of Health Professions

Broker Information