Black Bear Diner

Harlingen, TX

Click to Download Offering Memorandum

Property Info

Summary

  • Offering Price $4,033,300
  • Cap Rate 6.00%
  • Current Annual Rent $242,000
  • Lease Type NNN

Key Facts

Rapidly Growing Family Dining Concept - 161+ Locations

Brand New 15 Year Corporate Lease - Plus 4 - 5 Year Options

Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years
2024 Construction - November 12th Grand Opening

$104K AHI Within 1-Mile - Income Tax Free State

Retail Corridor - Texas Regional Bank (HQ), Orangetheory Fitness

Team

Ian Schroeder

Ian Schroeder

Senior Vice President
CBRE
Lic. 01497897
+1 949 345 0970
Melissa Ley Marshall

Melissa Ley Marshall

First Vice President
CBRE
Lic. 01984445
+1 949 725 8617
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