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Investment Highlights
- 28,329 SF Warehouse with office
- 13 year old committed tenant with 3% annual increases. Contract till 5/31/2031
- 3 Loading Docks are Available
Executive Summary
Located at 1002 W. Jackson in Harlingen, Texas, this 28,329 square foot industrial
warehouse offers a rare opportunity to acquire a stabilized, income producing asset in the
Rio Grande Valley. Situated on a 1.75-acre lot, the property provides the scale and site
utility that industrial tenants demand.
The building is occupied by a single tenant who has been in place for over 13 years, with
a lease running through May 2031, providing a new owner with nearly five years of
contractual income from a proven, committed occupant. The property operates under a
NNN lease structure, keeping landlord obligations minimal, and the current ownership
has already completed a major roof replacement, leaving the asset well positioned for a
smooth transition with limited near term capital requirements.
warehouse offers a rare opportunity to acquire a stabilized, income producing asset in the
Rio Grande Valley. Situated on a 1.75-acre lot, the property provides the scale and site
utility that industrial tenants demand.
The building is occupied by a single tenant who has been in place for over 13 years, with
a lease running through May 2031, providing a new owner with nearly five years of
contractual income from a proven, committed occupant. The property operates under a
NNN lease structure, keeping landlord obligations minimal, and the current ownership
has already completed a major roof replacement, leaving the asset well positioned for a
smooth transition with limited near term capital requirements.
Property Facts
| Price | $1,350,000 | Rentable Building Area | 28,329 SF |
| Price Per SF | $47.65 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1979/1982 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.29/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.71 AC | No. Dock-High Doors/Loading | 2 |
| Zoning | Light Industrial - Light industrial | ||
| Price | $1,350,000 |
| Price Per SF | $47.65 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.71 AC |
| Rentable Building Area | 28,329 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1979/1982 |
| Tenancy | Single |
| Parking Ratio | 0.29/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | Light Industrial - Light industrial |
Amenities
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
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Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 180610-0010-002000 | Improvements Assessment | $645,331 |
| Land Assessment | $62,131 | Total Assessment | $707,462 |
Property Taxes
Parcel Number
180610-0010-002000
Land Assessment
$62,131
Improvements Assessment
$645,331
Total Assessment
$707,462
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Videos
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Photos
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Map
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1002 W Jackson St
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