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CVS Pharmacy (Subleased to Dollar Tree) 118 E Harrison Ave 12 900 pi² 4-Étoile Commerce de détail Immeuble Harlingen, TX 78550 7 544 530 $ CAD (584,85 $ CAD/pi²) 9,85% Taux de capitalisation

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Certaines informations ont été traduites automatiquement.

FAITS SAILLANTS DE L'INVESTISSEMENT

2.00 Acre Parcel | Along State Highway 206 (21,800 VPD) | Investment Grade Tenant | Currently Subleased to Dollar Tree
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Income Tax Free State
Strong Demographics in 5-Mile Trade Area

Near Award Winning Valley Baptist Medical Center (586 Beds)
Strong National/Credit Tenants | Dense Retail Corridor | Direct Residential Consumer Base | Multiple Apartment Complexes

RÉSUMÉ DE L'ANNONCE

The asset is strategically located at the signalized, hard corner intersection of South Commerce Street and Tyler Avenue which supports more than 30,500 VPD. Furthermore, the site benefits from nearby access to Interstate 69E (96,800 VPD) and Tyler Avenue (21,800 VPD), making this an ideal, centralized location with easy commutes. The property is located less than two miles from Valley Baptist Medical Center, a leading regional healthcare institution with approximately 586 beds, providing full-service acute and specialty care to the Rio Grande Valley. The award-winning hospital has been recognized by the American Heart Association for excellence in stroke care, holds Level II Trauma Center and Robotic Surgery Center of Excellence designations, and is accredited by the American College of Cardiology for its cardiac programs. The asset is in a dense retail corridor and is within close proximity to multiple national/credit tenants including Walmart Supercenter, Sams Club, Target, TJ Maxx, Kohls, H-E-B, and more. Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site. The 5-mile subject trade area is supported by more than 96,000 residents and 37,000 daytime employees who earn affluent average household incomes of more than $75,000.

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement

Type de propriété

Commerce de détail

Taille du bâtiment

12 900 pi²

Classe d’immeuble

Tarification de LoopNet

4 Étoiles

Année de construction

2009

Prix

7 544 530 $ CAD

Prix par pi²

584,85 $ CAD

Taux de capitalisation

9,85%

Revenu net d’exploitation

743 236 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,15

Taille du lot

2,00 AC

Zonage

GR - General Retail

Stationnement

102 places (7,91 places par 1 000 pi² loué)

Façade

321’ sur E Harrison Ave

Lot de coin

Affichage

Service au volant

Détaillant
-
-
Jan 0000

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.