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Virtual Drive-By

Jimmy John's NNN Multi-tenant

1802 S 77 Sunshine Strip · Harlingen, TX 78550 · QSR / Restaurant

Asking price
$1,999,999
Cap rate
6.60%
NOI (derived)
$132,000

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Lease

Lease typeNNN
Term remaining
Expiration
Rent bumps
Options
Ground lease
Credit profile
TenancyMulti

Planning a 1031 Exchange

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Property

Building SF5,000
Price / SF$400
Year built2017
Lot size
TypeShopping Center, Strip Center
Days on market27

Need year-one bonus depreciation

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Investment highlights

  • ​Sale Price: $1,999,999
  • ​Cap Rate: 6.38%
  • ​Occupancy: 100%
  • ​Price per SF: ±$400
  • ​Building Size: ±5,000 SF
  • ​Lot Area: ±37,026 SF
  • ​Property Type: Retail
  • ​Year Built: 2017
  • ​Three national franchise tenants
  • ​Jimmy John's, Supercuts, and Univista Insurance
  • ​Staggered renewals through 2031
  • ​Stable, in place income
  • ​Strong national co tenancy nearby
  • ​Prime Corridor Location: fronting S. 77 Sunshine Strip, one of Harlingen's busiest retail routes
  • ​Established Tenancy: three national franchise tenants with staggered renewals through 2031
  • ​Strong Neighboring Retail: positioned next to Chick-fil-A and surrounded by national retailers

Property overview

SVN | Hanna Solutions Commercial Real Estate is pleased to present the exclusive opportunity to acquire a ±5,000 SF multi tenant retail center at 1802 S.​ 77 Sunshine Strip in Harlingen, Texas, offered at $1,999,999.​

This is a fully leased, income producing asset offered at a 6.38% cap rate with minimal landlord responsibilities.​ Financial details should be independently verified during due diligence.​

Built in 2017, the center offers strong curbside appeal, excellent visibility, and easy parking along one of Harlingen's busiest retail corridors.​

The center is fully leased to national franchise tenants, including a ±2,000 SF suite suited to an owner user.​ Lease renewals are staggered, with none scheduled until mid and late 2028 and mid 2031.​

Built in 2017 with nice curbside appeal, excellent visibility and ease of parking, this income producing property has 3 national franchises and a perfect space for an owner/operator (2000sf).​ Jimmy Johns pulls in 4.6k visits a month and has said this is one of their best locations.​ The property is situated next door to Chick-fil-A which pulls in 105k visits a month.​ No lease renewals until mid and late 2028 and mid 2031.​ The NOI shown is Pro Forma and as of July 2027.​

This ±5,000 SF retail center is strategically located on S.​ 77 Sunshine Strip, one of Harlingen’s primary commercial corridors.​ Positioned between Ed Carey Drive and Oklahoma Street, the property benefits from ±145 feet of frontage along this high-traffic thoroughfare, ensuring excellent visibility and ease of access for both local and regional consumers.​


 

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.