Property summary
This exceptional investment opportunity presents the Historic Holsum Bakery Marketplace, a fully leased, multi-tenant retail property located in Harlingen, Texas. The property comprises three buildings totaling 36,850 square feet on approximately four acres of land, situated at the high-traffic corner of W Harrison Ave and S L St, boasting excellent visibility and accessibility. With over 20,000 vehicles passing daily, this prime location offers significant potential for continued growth and strong returns. The property features six tenants, including a prominent Buffalo Wild Wings, along with Tone Up Health & Fitness, All Star Cleaners, Blanquita's Restaurant, The House Club Poker, and Blonde Tourage. The current Net Operating Income (NOI) is $411,371, resulting in a compelling 7.48% capitalization rate. The asking price is $5,500,000, translating to $149.25 per square foot. The property benefits from six curb cuts and features a triple-net (NNN) lease structure with built-in rent bumps. This well-established, multi-building complex offers a rare opportunity to acquire a high-performing retail asset in a thriving Texas market. The 36,466 square feet of net rentable space is currently fully occupied, providing immediate cash flow and long-term stability. This is an ideal investment for those seeking a strong, diversified portfolio addition with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Gym & Fitness Center
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General Contractor
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C · Harlingen, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C in Harlingen, TX.
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Find the owner behind the property.
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