Industrial    

Ashley Furniture Warehouse & Distribution Center

 Harlingen, TX

 
Subject Property | $8,650,000 | 7.44% Cap Rate
Also Available | Adjacent Vacant Land | ±5.87 Acres
 
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$4.6 Million

2023 Renovation

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Prime

Logistics Hub

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Square Feet

86,640 SF

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Best-Selling

Furniture Brand

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5.74 Acres

Lot Size

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

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

  • 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


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