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Single-Tenant Office

Qualfon - Global Provider of Call Centers & BPO Services | Brand New Roof & Newly Extended NNN Lease

2200 S Haine Dr, Harlingen (South TX), TX 78550

Listing Price: $5,476,347

Cap Rate
7.50%
Tenant Name
Qualfon
Years Remaining On Lease
5.5
Gross SF
42,169
Guarantor
Corporate Guarantee
Rentable SF
42,169
Price/Gross SF
$129.87
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.74

Investment Overview

Harlingen, nestled in the heart of the Rio Grande Valley, continues to be a key player in the commercial real estate scene. Spanning over 40 square miles, it stands as the second-largest city in Cameron County and the fourth-largest in the Rio Grande Valley. The city's strategic location, just 30 miles from the Gulf of Mexico, adds to its allure. Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, which is part of the larger Brownsville-Harlingen-Raymondville combined statistical area, included in the Matamoros–Brownsville metropolitan area. Harlingen thrives at the nexus of Interstates 69 and 2, a key distribution and industrial hub. Interstate 69 connects the Valley to northern Texas and the US Midwest. As part of the Brownsville-Harlingen metro area, spanning 80 miles along the Rio Grande, the region boasts a population exceeding 1 million.

Harlingen's Valley International Airport welcomes over 650,000 visitors yearly, emphasizing its role in transportation and distribution. The area's border location amplifies the economic impact. From fertile agricultural lands along the Rio Grande to the rise of high-tech, including windmills and the SpaceX/Boca Chica spaceport, Harlingen's diverse economic landscape positions it as a dynamic commercial real estate market.

Investment Highlights

  • Early Lease Extension Demonstrating Strong Commitment to the Location. 2-Story Office Building. Single Tenant NNN Lease Featuring Favorable 2% Annual Increases and 10% Increase at the Option.
  • Brand New 2023 Roof w/ Warranty as well as New HVAC Systems. The Company's Customer Care Services and Call Centers have been Embraced by Top Companies Worldwide.
  • Strong High Net Worth Corporate Guarantor - Qualfon is a Global Provider of Call Center, Back Office, & Business Process Outsourcing (BPO) Services.
  • 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, 25% Which Comes from cross-Border Traffic. Site is Located 11 Miles from the U.S./Mexico International Border.
  • Densely Populated Area: Features more than 98k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 12.5% since the 2000 Census.
  • Across from Valley Baptist Medical Center - a 586-Bed Full Service Hospital and Rio Grande Valley's only Level III Trauma Center Employing over 400 Physicians, 2,000 Dedicated Employees and 300+ Volunteers.
  • Near Numerous National Retailers Including H-E-B, Walgreens, CVS Pharmacy, The Home Depot, Lowe's, Walmart Supercenter, Target, Burlington, Ross, Kohl's, Marshalls and many more.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Single-Tenant Office

Qualfon - Global Provider of Call Centers & BPO Services | Brand New Roof & Newly Extended NNN Lease

Listing Price: $5,476,347

Cap Rate
7.50%
Tenant Name
Qualfon
Years Remaining On Lease
5.5
Gross SF
42,169
Guarantor
Corporate Guarantee
Rentable SF
42,169
Price/Gross SF
$129.87
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.74

Investment Highlights

  • Early Lease Extension Demonstrating Strong Commitment to the Location. 2-Story Office Building. Single Tenant NNN Lease Featuring Favorable 2% Annual Increases and 10% Increase at the Option.
  • Brand New 2023 Roof w/ Warranty as well as New HVAC Systems. The Company's Customer Care Services and Call Centers have been Embraced by Top Companies Worldwide.
  • Strong High Net Worth Corporate Guarantor - Qualfon is a Global Provider of Call Center, Back Office, & Business Process Outsourcing (BPO) Services.
  • 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, 25% Which Comes from cross-Border Traffic. Site is Located 11 Miles from the U.S./Mexico International Border.
  • Densely Populated Area: Features more than 98k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 12.5% since the 2000 Census.
  • Across from Valley Baptist Medical Center - a 586-Bed Full Service Hospital and Rio Grande Valley's only Level III Trauma Center Employing over 400 Physicians, 2,000 Dedicated Employees and 300+ Volunteers.
  • Near Numerous National Retailers Including H-E-B, Walgreens, CVS Pharmacy, The Home Depot, Lowe's, Walmart Supercenter, Target, Burlington, Ross, Kohl's, Marshalls and many more.

Investment Overview

Harlingen, nestled in the heart of the Rio Grande Valley, continues to be a key player in the commercial real estate scene. Spanning over 40 square miles, it stands as the second-largest city in Cameron County and the fourth-largest in the Rio Grande Valley. The city's strategic location, just 30 miles from the Gulf of Mexico, adds to its allure. Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, which is part of the larger Brownsville-Harlingen-Raymondville combined statistical area, included in the Matamoros–Brownsville metropolitan area. Harlingen thrives at the nexus of Interstates 69 and 2, a key distribution and industrial hub. Interstate 69 connects the Valley to northern Texas and the US Midwest. As part of the Brownsville-Harlingen metro area, spanning 80 miles along the Rio Grande, the region boasts a population exceeding 1 million. Harlingen's Valley International Airport welcomes over 650,000 visitors yearly, emphasizing its role in transportation and distribution. The area's border location amplifies the economic impact. From fertile agricultural lands along the Rio Grande to the rise of high-tech, including windmills and the SpaceX/Boca Chica spaceport, Harlingen's diverse economic landscape positions it as a dynamic commercial real estate market.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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