Retail Suite with Private
For Sale
Contact for pricing
1418 E Tyler Ave Ste 7B, Harlingen, TX 78550
Shopping-center suite includes multiple enclosed rooms, dedicated offices, and two restrooms.
Property Size13,538 SF
Price / SF$0.01
Days on Market205
Property Features for 1418 E Tyler Ave Ste 7B
General Information
Standard status
Active
Size
13,538 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
13,538 SF
Year Built
1983
Properties For Sale
at 1418 E Tyler Ave Ste 7B
Suite 7B
Size
1,683 SF
Type
Strip Center
Term
36 - 60 months
Listing Agency:
SVN | Hanna Solutions CRE
Listed By:
Chuck Wills
(956) 458-1156
Source:
Svn
Added: Apr 1
Changed: Oct 10
Last Checked: Oct 20 at 7:32PM
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 SVN | Hanna Solutions CRE
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Investment Insights
Based on property information with market context.
Suite 7B is a 1,683-square-foot commercial space within Tyler Square Shopping Center, configured for retail or office use. The interior includes two large anchor rooms, three private offices, and two restrooms, providing a defined layout for customer-facing and administrative functions.
The suite occupies a central position within the shopping center at the intersection of E. Tyler Avenue and Business 77, also known as the Sunshine Strip. Its placement within the plaza provides direct exposure to the shopping center’s internal circulation and surrounding retail corridor.
The suite occupies a central position within the shopping center at the intersection of E. Tyler Avenue and Business 77, also known as the Sunshine Strip. Its placement within the plaza provides direct exposure to the shopping center’s internal circulation and surrounding retail corridor.
Key Highlights
- 1,683 SF retail or office suite in Tyler Square Shopping Center
- Two large anchor rooms provide substantial primary‑use areas
- Three private offices support separated administrative or service functions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,450
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,000
$309.0K
Cap Rate 7%
$220,714
$220.7K
Cap Rate 9%
$171,667
$171.7K
Market Conditions
NOI Build-Up for 1,683 SF
Gross rent
$30.3K $18.00/SF
− Vacancy
−$9.7K −$5.76/SF
EGI
$20.6K $12.24/SF
− OpEx
−$5.1K −$3.06/SF
NOI
$15.4K $9.18/SF
Area
Cameron County, TX
Vacancy
32.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,000
Cap Rate 7%
$220,714
Cap Rate 9%
$171,667
Alternative Uses
Best Use
Retail
$228.8K
$200.2K – $266.9K
NOI $16,015 @ 7.0% cap · market cap 102,660.26%
Second Best
Office B
$220.7K
$193.1K – $257.5K
NOI $15,450 @ 7.0% cap · market cap 99,038.46%
Theoretical Best
Healthcare Medical
$289.8K
$253.6K – $338.1K
NOI $20,285 @ 7.0% cap · market cap 130,032.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Shopping-center suite includes multiple enclosed rooms, dedicated offices, and two restrooms.
Where is this retail space located?
The property is located at 1418 E Tyler Ave Ste 7B Harlingen, TX.
What are key features of this property?
This property features: 1,683 SF retail or office suite in Tyler Square Shopping Center; Two large anchor rooms provide substantial primary‑use areas; Three private offices support separated administrative or service functions
