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4461 83 Expy
Harlingen, TX 78550

$5,404,913 USD

Freestanding For Sale  •  16,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 16,100 SF
  • Lot Size 1.94 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 6.35 %
  • Tenancy Single
0 Transit Score
48 Walk Score

Highlights

15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Brand New 2024 Construction. Caliber Collision is the Nation’s Largest Collision Repair provider - 1,700 Convenient Locations in 40 States.
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Toyota, Hyundai, Chrysler, Kia, Chevrolet, Nissan and many more.
Located in the Heart of the The Rio Grande Valley, One of the Fastest Growing Regions in the U.S. Annual Retail Sales exceed $5 billion.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Property Flyers

Cap Rate: 6.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision 16,100 SF 12/31/2039

Public Transportation

AirportDriveWalkDistance
Valley International 9 min - 5.2 mi
Brownsville/South Padre Island International 33 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap