Industrial    

Ashley Furniture Warehouse & Distribution Center

 Harlingen, TX

Asking Price

$9,624,000

Cap Rate

7.00%

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$4.6 Million

2023 Renovation

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Cross-Border

Logistics Hub

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Square Feet

86,640 SF

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Best-Selling

Furniture Brand

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11.61 Acres

Two Lots

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • World's Largest Manufacturer of Home Furnishings
  • Prime Logistics Hub with Cross-Border Connectivity
  • Significant Building Renovation in 2023

  • New Lease with 3% Annual Rent Increases
  • Strong Demos Surrounded by Nationally Renowned Medical Facilities
  • Includes Adjacent 5.87 Acres

Exclusively Listed By

Jonathan Thompson

Senior Associate
  jthompson@northmarq.com      918.884.3127

Brad Pepin, CCIM

Senior Vice President
  bpepin@northmarq.com      918.794.9503

Sage Chaffin

Investment Analyst
  schaffin@northmarq.com      918.727.2538

In Association With
Jim Gibson

TX Lic #392926

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


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