Multi-Tenant Office
For Sale
Contact for pricing
Pending
202 1ST, Harlingen, TX 78550
Five-story, solid concrete brick veneer building with 100% occupancy by three tenants.
Property Size85,197 SF
Days on Market124
Property Features for 202 1ST
General Information
Standard status
Pending
Size
85,197 SF
Property subtype
Special Purpose
Occupancy
100%
Building Details
Year Built
1927
Year Renovated
2011
Stories
5
Tenancy
Multi
Listing Agency:
BAHNMAN REALTY
Listed By:
CONNIE DE LA GARZA · License #TX
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 7:57AM
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 BAHNMAN REALTY
Investment Insights
Based on property information with market context.
The Reese is a five-story, solid concrete brick veneer building with a total of 85,197 square feet, including 67,049 square feet of rental space. The property is 100% occupied and leased to three tenants: Pro-Bar (an arm of the American Bar Association), Coletti's Restaurant, and El Valle Family Dentistry.
Built in 1927 and renovated in 1977 and 2011, the building is described as extremely well built and includes a very energy efficient chilled water tower system for HVAC that cools and heats the entire building.
As a fully leased, multi-tenant asset, The Reese provides an existing income stream across office and service-oriented uses represented by its current tenants.
Built in 1927 and renovated in 1977 and 2011, the building is described as extremely well built and includes a very energy efficient chilled water tower system for HVAC that cools and heats the entire building.
As a fully leased, multi-tenant asset, The Reese provides an existing income stream across office and service-oriented uses represented by its current tenants.
Key Highlights
- 5‑story building with 85,197 sq.ft. total space; 67,049 sq.ft. rental space leased to 3 tenants
- 100% occupied with an income stream from Pro‑Bar (American Bar Association), Coletti's Restaurant, and El Valle Family Dentistry
- Solid concrete brick veneer construction
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,487
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Five-story, solid concrete brick veneer building with 100% occupancy by three tenants.
Where is this office building located?
The property is located at 202 1ST Harlingen, TX.
What are key features of this property?
This property features: 5‑story building with 85,197 sq.ft. total space; 67,049 sq.ft. rental space leased to 3 tenants; 100% occupied with an income stream from Pro‑Bar (American Bar Association), Coletti's Restaurant, and El Valle Family Dentistry; Solid concrete brick veneer construction
