Dark Drug Store with Absolute NNN
For Sale
Contact for pricing
Pending
118 E Harrison Ave, Harlingen, TX 78550
Freestanding retail property with an absolute NNN lease and approximately 11.5 years remaining on the initial term.
Property Size13,892 SF
Days on Market144
Property Features for 118 E Harrison Ave
General Information
Standard status
Pending
Size
13,892 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
26,600 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 6:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 13,892-square-foot drug store property is leased under an absolute NNN structure, leaving zero landlord responsibilities under the lease. The initial 25-year term began in 2010 and extends through January 2035, with approximately 11.5 years remaining. CVS ceased operating from the facility in August 2023, while the lease remains in place.
The property occupies an entire square block at the intersection of East Harrison Ave and South Commerce Street in Harlingen, Texas. Combined traffic at the intersection exceeds 26,600 vehicles per day. Valley Baptist Medical Center is less than two miles away, and Harlingen Medical Center is three miles from the property. More than 5.4 million square feet of retail space is located within a 2-mile radius, including the 650,000-square-foot Valle Vista Mall, anchored by JC Penney, Dillard’s, Big Lots, and Forever 21. Walmart Supercenter, Target, Sam’s Club, and Bass Pro Shops are also in the surrounding retail area.
The property occupies an entire square block at the intersection of East Harrison Ave and South Commerce Street in Harlingen, Texas. Combined traffic at the intersection exceeds 26,600 vehicles per day. Valley Baptist Medical Center is less than two miles away, and Harlingen Medical Center is three miles from the property. More than 5.4 million square feet of retail space is located within a 2-mile radius, including the 650,000-square-foot Valle Vista Mall, anchored by JC Penney, Dillard’s, Big Lots, and Forever 21. Walmart Supercenter, Target, Sam’s Club, and Bass Pro Shops are also in the surrounding retail area.
Key Highlights
- 13,892‑square‑foot drug store property
- Absolute NNN lease with zero landlord responsibilities
- 25‑year initial lease term began in 2010 and runs through January 2035
Property Analytics
Property Profile
Current Use
Lease Details
26,600 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,495
Businesses Nearby
33k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank of America
Shops & Services
9,169 visits/mo
0.2 miles
7-Eleven
Shops & Services
7,477 visits/mo
0.4 miles
First Cash Pawn
Shops & Services
4,489 visits/mo
0.4 miles
AutoZone
Shops & Services
4,163 visits/mo
0.4 miles
Stripes
Shops & Services
4,110 visits/mo
0.3 miles
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Salinas Pharmacy — 1022 S F St, Harlingen, TX 78550
- ASP Cares Pharmacy — 1113 S F St c, Harlingen, TX 78550
- F Street Pharmacy — 1206 S F St B, Harlingen, TX 78550
- Jose R. Muniz Jr, PharmD — 1117 S Commerce St, Harlingen, TX 78550
- H-E-B! Plus Pharmacy — 1213 S Commerce St, Harlingen, TX 78550
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding retail property with an absolute NNN lease and approximately 11.5 years remaining on the initial term.
Where is this drug store located?
The property is located at 118 E Harrison Ave Harlingen, TX.
What are key features of this property?
This property features: 13,892‑square‑foot drug store property; Absolute NNN lease with zero landlord responsibilities; 25‑year initial lease term began in 2010 and runs through January 2035
