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1610 S F St
Harlingen, TX 78550
7-Eleven | Brand New 15-Year Lease · Retail Property For Sale
Investment Highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc.
- New High-Quality 2023 Construction on Large 2.64-Acre Lot with 8 Fueling Stations
- Property Qualifies for 100% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
- Optimization of Successful Smaller Store Nearby
- 99,618 Residents within a 5-Mile Radius - Households and Population Projected to Increase Approx. 4% in the Surrounding Area by 2028
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.64 AC
Zoning
F1 - Commercial
Frontage
93’ on South F Street
Property Taxes
| Parcel Number | 257240-0010-000000 | Improvements Assessment | $575,654 |
| Land Assessment | $191,314 | Total Assessment | $766,968 |
Property Taxes
Parcel Number
257240-0010-000000
Land Assessment
$191,314
Improvements Assessment
$575,654
Total Assessment
$766,968
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