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118 E Harrison Ave
Harlingen, TX 78550
CVS Pharmacy (Dark) · Retail Property For Sale
Investment Highlights
- Close Proximity to Regional Hospitals: Two miles from Valley Baptist Medical Center and three miles from Harlingen Medical Center
- Property Encompasses Entire Square Block Along Main Traffic Corridors: Combined daily traffic counts exceed 26,600 vehicles
- Corporate Backed Long-Term Lease: CVS signed a 25-year lease with approximately 12 years remaining on the initial lease term
- Surrounded by Retail Developments: Over 5.4 million square feet of retail properties within a two-mile radius
- Densely Populated Area: Over 61,000 residents within a 3-mile radius and over 91,300 residents within a five mile radius
- Absolute NNN Lease Structure: Zero landlord responsibilities for operating or capital expenses
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,900 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.00 AC
Zoning
GR - General Retail
Parking
102 Spaces (7.91 Spaces per 1,000 SF Leased)
Frontage
321’ on E Harrison Ave
Amenities
- Corner Lot
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 150001-0010-001000 | Improvements Assessment | $1,345,164 |
| Land Assessment | $696,960 | Total Assessment | $2,042,124 |
Property Taxes
Parcel Number
150001-0010-001000
Land Assessment
$696,960
Improvements Assessment
$1,345,164
Total Assessment
$2,042,124
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