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Starbucks-Leased Retail Building
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1521 S Ed Carey Dr, Harlingen, TX 78550

2003-built retail building with Starbucks tenancy and approximately eight years remaining on the current lease term.

Property Size3,078 SF
Lot Size0.61 Acres
Price / SF$826.84
Days on Market181

Property Features for 1521 S Ed Carey Dr

General Information

Standard status Active
Size 3,078 SF
Lot size 0.61 Acres
Property subtype RETAIL

Additional Details

Traffic Count 34,024 vehicles/day

Building Details

Year Built 2003
Tenancy Single
Listing Agency: Secure Net Lease - Dallas
Listed By: Todd Lewis · License #703013
Source: Moodyscre
Added: Mar 11 Changed: Aug 10 Last Checked: Jul 23 at 3:05AM

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 Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

Built in 2003, this 3,078+/- SF retail building sits on a 0.61+/- acre site and is currently occupied by Starbucks. The lease provides approximately eight years remaining, with (2) additional 5-year renewal options and 10% rental increases during the option periods, supporting a long-term commitment for the property.

The asset is positioned on S Ed Carey Dr (34,024+ VPD), just off S 77 Sunshine Strip (26,458+ VPD), within a heavily trafficked retail corridor in Harlingen, TX.

Tenancy notes include that Starbucks has been on site since 2005 and has renewed early multiple times, extending the lease term to approximately 10 years.

Key Highlights

  • 2003‑built retail building with 3,078+/- SF on a 0.61+/- acre site
  • 8 years of lease term remaining with (2) 5‑year renewal options and 10% rental increases during option periods
  • Starbucks tenancy since 2005, with multiple early renewals to extend the lease term to 10 years

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34,024 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,421
Businesses Nearby
407k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 15% Apparel 2% Electronics 1%
Raising Cane's Chicken Fingers Dining
50,871 visits/mo 0.2 miles
Chick-fil-A Dining
45,967 visits/mo 0.1 miles
McDonald's Dining
37,555 visits/mo 0.2 miles
Starbucks Dining
23,188 visits/mo 0.1 miles
Shipley Do-Nuts Dining
19,626 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2003-built retail building with Starbucks tenancy and approximately eight years remaining on the current lease term.
Where is this retail space located?
The property is located at 1521 S Ed Carey Dr Harlingen, TX.
What is the asking price?
The asking price for this property is $2,545,000.
What are key features of this property?
This property features: 2003‑built retail building with 3,078+/- SF on a 0.61+/- acre site; 8 years of lease term remaining with (2) 5‑year renewal options and 10% rental increases during option periods; Starbucks tenancy since 2005, with multiple early renewals to extend the lease term to 10 years
(512) 957-0597 Call to check price and availability
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