Shopping Strip
Harrison Crossing
1801 W Tyler Ave, Harlingen, TX 78550
Listing Price: $4,000,000
Investment Overview
Harrison Crossing is a value-add, multi-tenant shopping center located in Harlingen, Texas. The center is currently 86 percent occupied, and 72 percent of the gross leasable area is on triple-net lease terms. Tenants include national retailers such as H&R Block, Subway, Direct Auto Insurance, and T-Mobile. Other tenants include Texas Military Department, Approved Money Center, Cindy Nails, Sweet Spot Frozen Yogurt, and Jade Candle Co. Built in 2007, Harrison Crossing center is comprised of two buildings situated on two land parcels totaling 1.28 acres.
The subject property is located east of U.S. 83 near the intersection of West Tyler Avenue and Interstate 69 with cumulative traffic counts of X vehicles per day. Harrison Crossing is located near a dense retail trade corridor, and is easily accessible with multiple ingress and egress points from all four surrounding roads. Numerous national and regional retailers are in the neighboring area, including Starbucks, Whataburger, Cinemark, H-E-B, Rent-A-Center, Sam's Club, Bass Pro Shops, Hibbett Sports, Marshall's, Five Below, Academy Sports + Outdoors, ULTA Beauty, Burlington, Goodwill, Target, T.J. Maxx, PetSmart, Hobby Lobby, Ross Dress for Less, Dollar Tree, CATO, Walmart Supercenter, and many more. Also in close proximity is Valle Vista Mall, a regional mall anchored by JCPenney and Ollie's Bargain Outlet, featuring more than 80 stores and restaurants. The subject property is located in a dense residential area with a population of 97,211 residents within a five-mile radius.
Harrison Crossing
Investment Highlights
- Value-Add Opportunity | 86% Occupied | 72% of the Gross Leasable Area has Triple-Net Leases | Significant Upside Potential in Leasing Vacant Suite and Converting all Leases to Triple-Net
- Diversified Tenant Base Featuring a Complementary Mix of National, Local, and Government Tenants
- Comprised of Two Buildings Strategically Located in Between a Walgreens and Adjacent to Starbucks and Pizza Hut Pad Sites (Not a Part)
- Located on Tyler Avenue in a Major Commercial Corridor off Interstate 69 | Both Buildings are Accessible from Ingress and Egress Points from all Four Bordering Streets
- Cumulative Traffic Counts are Approximately 60,000 Vehicles per Day
Exclusively Listed By
Listing Price: $4,000,000
Investment Highlights
- Value-Add Opportunity | 86% Occupied | 72% of the Gross Leasable Area has Triple-Net Leases | Significant Upside Potential in Leasing Vacant Suite and Converting all Leases to Triple-Net
- Diversified Tenant Base Featuring a Complementary Mix of National, Local, and Government Tenants
- Comprised of Two Buildings Strategically Located in Between a Walgreens and Adjacent to Starbucks and Pizza Hut Pad Sites (Not a Part)
- Located on Tyler Avenue in a Major Commercial Corridor off Interstate 69 | Both Buildings are Accessible from Ingress and Egress Points from all Four Bordering Streets
- Cumulative Traffic Counts are Approximately 60,000 Vehicles per Day
Investment Overview
Harrison Crossing is a value-add, multi-tenant shopping center located in Harlingen, Texas. The center is currently 86 percent occupied, and 72 percent of the gross leasable area is on triple-net lease terms. Tenants include national retailers such as H&R Block, Subway, Direct Auto Insurance, and T-Mobile. Other tenants include Texas Military Department, Approved Money Center, Cindy Nails, Sweet Spot Frozen Yogurt, and Jade Candle Co. Built in 2007, Harrison Crossing center is comprised of two buildings situated on two land parcels totaling 1.28 acres. The subject property is located east of U.S. 83 near the intersection of West Tyler Avenue and Interstate 69 with cumulative traffic counts of X vehicles per day. Harrison Crossing is located near a dense retail trade corridor, and is easily accessible with multiple ingress and egress points from all four surrounding roads. Numerous national and regional retailers are in the neighboring area, including Starbucks, Whataburger, Cinemark, H-E-B, Rent-A-Center, Sam's Club, Bass Pro Shops, Hibbett Sports, Marshall's, Five Below, Academy Sports + Outdoors, ULTA Beauty, Burlington, Goodwill, Target, T.J. Maxx, PetSmart, Hobby Lobby, Ross Dress for Less, Dollar Tree, CATO, Walmart Supercenter, and many more. Also in close proximity is Valle Vista Mall, a regional mall anchored by JCPenney and Ollie's Bargain Outlet, featuring more than 80 stores and restaurants. The subject property is located in a dense residential area with a population of 97,211 residents within a five-mile radius.
Exclusively Listed By
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