17719 Primera Rd, Harlingen, TX
New Texas Dollar General store with strong demographics.
- Added:
- Jun 3, 2024
- Days on Market:
- 738
- Last Refresh:
- May 20 at 9:10 pm
Property Features for 17719 Primera Rd
General Information
- Standard status
- Active
- Size
- 12,480 SF
- Lot size
- 18.35 Acres
- Property subtype
- RETAIL
Listing agent Chance Hales License #TX 697980 (806) 679-9776
Listing office Trinity Real Estate Investment Services - Corporate (817) 304-8916
Listing date Jun 3, 2024
Source Moodyscre
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 Trinity Real Estate Investment Services - Corporate
HighLights
- 7% cap new development Dollar General
- Absolute NNN lease requiring zero landlord responsibilities
- DG “Market” concept – larger 12,480 square foot prototype
- Over 80,000 residents within 5 miles of subject property
- Strong traffic generators - subject property faces large residential neighborhoods
- Located in Texas
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $179.7k | $14.40 |
| − Vacancy | −$10.1k | −$0.81 |
| EGI | $169.6k | $13.59 |
| − OpEx | −$42.4k | −$3.40 |
| NOI | $127.2k | $10.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harlingen
- County
- Cameron
- State
- Texas
- Longitude
- -97.7397
- Latitude
- 26.2263
