Industrial    

Ashley Furniture Warehouse & Distribution Center

 Harlingen, TX

 
Subject Property | $8,925,000 | 7.21% Cap Rate
Adjacent Vacant Land | $700,000 | ±5.87 Acres

AVAILABLE TOGETHER: $9,625,000

Icons_Stars

$4.6 Million

2023 Renovation

Icon_LocationPin-01

Cross-Border

Logistics Hub

Icons_BuildSize-SqFt-Icon

Square Feet

86,640 SF

Icon_guarantee_shield-1

Best-Selling

Furniture Brand

Icons-Acreage

11.61 Acres

Two Lots

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • World's Largest Manufacturer of Home Furnishings
  • Prime Logistics Hub with Cross-Border Connectivity
  • Tenant is the #1 Ashley Licensee in the World
  • Significant Building Renovation in 2023

  • New Lease with 3% Annual Rent Increases
  • Strong Demos and Convenient Access to I-69E
  • Adjacent 5.87 Acres Also Available

Exclusively Listed By

Point of Contact: Mark Grossman

Associate Vice President
  mgrossman@northmarq.com      918.794.9536

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


northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions