25645 Fm 106Harlingen, TX 78550

This exceptional investment opportunity presents a fee-simple 105,000-square-foot warehouse situated on a 9.15-acre lot in Harlingen, Texas. The property, built in 2002, boasts a Class C designation and is currently 100% occupied by a single tenant under a triple-net lease. The warehouse features a desirable 22' to 26' ceiling height, providing ample vertical storage space. Ten dock-high doors and one grade-level door ensure efficient loading and unloading operations. The building's tilt-wall construction with metal roofing and concrete paved yard space offers durability and functionality. The property is zoned OCL (Outside City Limits) in Cameron County, offering potential for future expansion given its 26% building coverage ratio. The current Net Operating Income (NOI) is $504,000, yielding an 8.00% cap rate, with a pro-forma NOI of $519,120 and a pro-forma cap rate of 8.24%. The asking price is $6,300,000, translating to $60 per square foot. This property presents a compelling investment opportunity in a growing industrial market, benefiting from its strategic location and strong tenant occupancy. The property's three-phase power further enhances its operational capabilities. The tenant, Bulk-Pack Incorporated, manufactures and supplies packaging for commercial shipments. This location is in the outlying Cameron County submarket, near the Rio Grande LNG project.