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Gaslight Center 2422 E Tyler Ave 15,600 SF 100% Leased Retail Building Harlingen, TX 78550 $2,700,000 ($173.08/SF) 6.63% Cap Rate

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Investment Highlights

  • LOCATED IN THE HEART OF HARLINGEN MSA
  • CLASS B RETAIL CENTER WITH STRONG INTERNET RESISTENT TENANT BASE
  • VALUE ADD WITH BELOW MARKET RENTS

Executive Summary

Prime shopping center in the heart of the Harlingen MSA. Priced below replacement value. $173 PSF to the building
- internet resistant tenants
- Government GSA lease
- Long Term tenants
- Priced below replacement value
- 1.5 Acres
Built in 2004
Stucco Exterior/Flat Roof

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,600 SF
Building Class
C
Year Built
2005
Price
$2,700,000
Price Per SF
$173.08
Cap Rate
6.63%
NOI
$179,034
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
F1
Parking
26 Spaces (2.29 Spaces per 1,000 SF Leased)
Frontage
333’ on E Tyler

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

American HomePatient, founded in 1983, is among the nation’s largest diversified home healthcare providers. Headquartered in Brentwood, Tennessee, the company delivers a wide range of home medical products and services to patients across the United States. With a network of more than 250 locations, American HomePatient supports individuals managing chronic conditions by offering respiratory therapy, medical equipment, and personalized care programs. Staffed by experienced clinicians and healthcare professionals, the organization emphasizes tailored therapy plans and ongoing support to improve quality of life for every patient. Privately held, American HomePatient continues to focus on innovation and patient-centered care within the home healthcare sector.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Easterseals Southern California operates a therapy and disability support center in Thousand Oaks, California. Founded in 1919 as Easterseals and merged with Goodwill in later decades, the organization provides services such as autism therapy, speech and occupational therapy, adult day programs, and veterans employment support. The Thousand Oaks office is licensed to serve children and adults through applied behavior analysis, physical and speech therapy, and cognitive interventions. It functions under the broader Easterseals Southern California nonprofit framework. The center is privately run as a 501(c)(3) charitable organization with national backing, and local operations adhere to regional and state guidelines. The Thousand Oaks location is identified as Suite 100 at the address above and regularly accommodates families and caregivers accessing therapeutic services.

  • Wholesaler
  • -
  • -
  • -
  • -

Lincare, headquartered in Clearwater, Florida, is a leading provider of respiratory therapy services in the United States. Serving approximately 1.8 million patients nationwide, the company focuses on delivering care in the home setting to enhance comfort and convenience. Lincare’s approach integrates advanced respiratory solutions with personalized support, ensuring continuity of care for individuals managing chronic respiratory conditions. The organization emphasizes patient education and collaboration with healthcare professionals, caregivers, and families to improve health outcomes. With decades of experience, Lincare remains committed to advancing home respiratory care through innovation and a patient-centered model.

  • Public Administration
  • -
  • -
  • -
  • -

The U.S. Small Business Administration is a federal agency established in 1953 to support the growth and stability of small businesses across the United States. Its mission includes providing financial assistance, entrepreneurial counseling, federal contracting guidance, and disaster recovery support to business owners. The agency operates from its headquarters in Washington, DC, and maintains a nationwide network of field offices to deliver services locally. It plays a significant role in facilitating access to capital through loan programs administered in partnership with approved lenders. In addition, it manages initiatives aimed at fostering community development, supporting underserved business groups, and promoting competitive market participation. The SBA also assists businesses affected by federally declared disasters through specialized loan offerings. As a government organization, it reports to federal leadership and executes programs under statutory authority granted by the Small Business Act. The agency remains an important federal resource for small enterprises seeking tools for resilience, compliance, and long-term planning.

  • Public Administration
  • -
  • $23.67
  • Full Service
  • Sep 2037

The U.S. Small Business Administration is a federal agency established in 1953 to support the growth and stability of small businesses across the United States. Its mission includes providing financial assistance, entrepreneurial counseling, federal contracting guidance, and disaster recovery support to business owners. The agency operates from its headquarters in Washington, DC, and maintains a nationwide network of field offices to deliver services locally. It plays a significant role in facilitating access to capital through loan programs administered in partnership with approved lenders. In addition, it manages initiatives aimed at fostering community development, supporting underserved business groups, and promoting competitive market participation. The SBA also assists businesses affected by federally declared disasters through specialized loan offerings. As a government organization, it reports to federal leadership and executes programs under statutory authority granted by the Small Business Act. The agency remains an important federal resource for small enterprises seeking tools for resilience, compliance, and long-term planning.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - - -
Health Care and Social Assistance - - - -
Wholesaler - - - -
Public Administration - - - -
Public Administration - $23.67 Full Service Sep 2037

Nearby Major Retailers

El Pato
Golden Corral Buffet & Grill
PNC Bank
H-E-B
Planet Fitness
Altitude Trampoline Park
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
184084-0000-001000
Land Assessment
$521,953
Improvements Assessment
$628,047
Total Assessment
$1,150,000
  • Listing ID: 38136863

  • Date on Market: 10/19/2025

  • Last Updated:

  • Address: 2422 E Tyler Ave, Harlingen, TX 78550

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