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604 S 77 Sunshine Strip 5,658 SF 100% Leased Office Building Harlingen, TX 78550 $845,000 ($149.35/SF) 7.35% Cap Rate
Investment Highlights
- Heavy Daytime Traffic
- 5 fully leased suites
- Updated exterior and interior
Executive Summary
Prime Commercial Investment Opportunity in Harlingen! Located in one of Harlingen’s most sought after commercial corridors, this 5,658 square foot commercial building presents an exceptional investment opportunity. Featuring five fully leased suites, the property offers immediate income and a diversified tenant mix in a location known for its strong business presence and high traffic volume. Positioned for maximum visibility and accessibility, the building benefits from consistent exposure along a well-traveled thoroughfare surrounded by established businesses, retail centers, restaurants, and professional services. The property has been well maintained and reflects pride of ownership throughout. Owner financing available.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$82,800
|
$14.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,800
|
$14.32
|
| Taxes |
$8,654
|
$1.50
|
| Operating Expenses |
$12,000
|
$2.07
|
| Total Expenses |
$20,654
|
$3.57
|
| Net Operating Income |
$62,146
|
$10.74
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $82,800 |
| Annual Per SF | $14.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $82,800 |
| Annual Per SF | $14.32 |
| Taxes | |
|---|---|
| Annual | $8,654 |
| Annual Per SF | $1.50 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $2.07 |
| Total Expenses | |
|---|---|
| Annual | $20,654 |
| Annual Per SF | $3.57 |
| Net Operating Income | |
|---|---|
| Annual | $62,146 |
| Annual Per SF | $10.74 |
Property Facts
Sale Type
Investment
Property Type
Building Size
5,658 SF
Building Class
C
Year Built
1983
Price
$845,000
Price Per SF
$149.35
Cap Rate
7.35%
NOI
$62,146
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,658 SF
Building FAR
0.46
Lot Size
0.28 AC
Zoning
General Retail
Parking
30 Spaces (5.3 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Pretty Paws Salon & Spa
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Pretty Paws Salon & Spa | Services | - | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 257760-0090-011100 | Total Assessment | $426,397 (2025) |
| Land Assessment | $48,832 (2025) | Annual Taxes | $8,654 ($1.53/SF) |
| Improvements Assessment | $377,565 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
257760-0090-011100
Land Assessment
$48,832 (2025)
Improvements Assessment
$377,565 (2025)
Total Assessment
$426,397 (2025)
Annual Taxes
$8,654 ($1.53/SF)
Tax Year
2026
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Contact the Sale Advisor
604 S 77 Sunshine Strip