914 Dixieland Rd, Harlingen, TX 78552

This exceptional investment opportunity presents a 14,400 square foot, 100% leased, multi-tenant retail property in Harlingen, Texas. Located in a prime shopping district between Valle Vista Mall and Harlingen Corners (121 stores, 1 million square feet of retail space), this property boasts two iconic corporate tenants: Party City and LensCrafters, under a Net Lease (NN+) agreement with a remaining 10-year lease term. The property features scheduled rent bumps, providing a hedge against inflation. Built in 2023 on a 1.54-acre lot, this asset offers a strong 6.50% cap rate with a Net Operating Income (NOI) of $277,650 and an asking price of $4,272,000. The property benefits from its strategic location near high-performing retailers such as Target, Walmart Supercenter, T.J. Maxx, and Burlington, and enjoys significant foot traffic due to its proximity to the US-Mexico border. This high-quality, 2023 construction offers a compelling investment opportunity with strong tenant occupancy and a desirable location in a thriving retail market. The property is suitable for a 1031 exchange.