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118 E Harrison Ave
Harlingen, TX 78550

$5,459,607 USD

Drugstore For Sale  •  13,892 SF

Property Details

• Property Type Drugstore
• Total Building Size 13,892 SF
• Lot Size 2 AC
• Building Class A
• Year Built 2009
• Cap Rate 9.88 %
• Tenancy Single

0 Transit Score

83 Walk Score

Highlights

Close Proximity to Regional Hospitals: Two miles from Valley Baptist Medical Center and three miles from Harlingen Medical Center

Surrounded by Retail Developments: Over 5.4 million square feet of retail properties within a two-mile radius

Property Encompasses Entire Square Block Along Main Traffic Corridors: Combined daily traffic counts exceed 26,600 vehicles

Densely Populated Area: Over 61,000 residents within a 3-mile radius and over 91,300 residents within a five mile radius

Corporate Backed Long-Term Lease: CVS signed a 25-year lease with approximately 12 years remaining on the initial lease term

Absolute NNN Lease Structure: Zero landlord responsibilities for operating or capital expenses

Cap Rate:

9.88 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS Pharmacy	13,892 SF

Amenities

• Corner Lot
• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Valley International	8 min	-	4.0 mi
Brownsville/South Padre Island International	38 min	-	28.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	84
Type:	Surface
Included in Rent:	Yes