For Sale Land 16.12 Acres | $5,270,000

Property Highlights Retail Development • Great Interstate exposure and access 16 acres • Interstate frontage 629.8' • Depth: 1109' on the west, 1135.8 on east Interstate 2 (aka Exp 83) Harlingen, Texas 78550 • All utilities available • Fast growing population Property Description • Near several Automotive dealerships The property is rectangular with the east edge bordering the Harlingen • City of Harlingen rated AA by S & P with 16 Corners Development with 382K sf of leased retail space. Access to the straight months of retail sales growth property via a curb cut from I-2 frontage and via an Access Easement from Lincoln Ave. to the south, through Harlingen Corners and from Interstate 2 OFFERING SUMMARY (Expressway 83). The property is in the SWC of Interstate 2 (Exp. 83) and (Exp. 77) . To the east across Interstate 2, is Bass Sale Price $5,270,000 Pro, Sams Club and the future Convention Center and numerous Lot Size 16.12 Acres restaurants. To the east of the subject is the State of Texas Travel Information Center, regional mall, Starbucks, Walgreens, Chili's Applebee's, Holiday Inn, Walmart, HEB, Target, Chuck E Cheese's, Bed Bath and Beyond and many other restaurant and retail establishments. The property is well located with access from I-2 and The Harlingen Corners retail development. Brownsville/Matamoros is 26 miles south, Mc Allen/Reynosa is 35 miles west and Houston is about 300 miles north. Harlingen caters to a For more information consumer market of over 2.3 million within a 50 mile radius and 10 million Eric Ziehe, CCIM within a 200 mile radius. This area is a true investment opportunity. O: 956 425 9400 x956 | C: 956 495 9851 [email protected]

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com Great Location

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com For Sale Land 16.12 Acres | $5,270,000

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com Access Easement To The 16.12 Acre Site From Interstate, Harlingen Corners & Lincoln Ave

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com For Sale Land 16.12 Acres | $5,270,000

LOCATION DESCRIPTION The property is in the SWC of Interstate 2 (Exp. 83) and Interstate 69 (Exp. 77) Interchange. To the east across Interstate 2, is Bass Pro, Sams Club and the future Convention Center and numerous restaurants. To the east of the subject is the State of Texas Travel Information Center, regional mall, Starbucks, Walgreens, Chili's Applebee's, Holiday Inn, Walmart, HEB, Target, Chuck E Cheese's, Bed Bath and Beyond and many other restaurant and retail establishments. The property is well located with access from I-2 and The Harlingen Corners retail development. Brownsville/Matamoros is 26 miles south, Mc Allen/Reynosa is 35 miles west and Houston is about 300 miles north. Harlingen caters to a consumer market of over 2.3 million within a 50 mile radius and 10 million within a 200 mile radius. This area is a true investment opportunity.

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com For Sale Land 16.12 Acres |$5,270,000

Population 1 Mile 3 Miles 5 Miles TOTAL POPULATION 4,715 42,786 79,119 MEDIAN AGE 38.3 35.3 34.4 MEDIAN AGE (MALE) 37.4 33.8 32.9 MEDIAN AGE (FEMALE) 39.7 37.3 36.2

Households & Income 1 Mile 3 Miles 5 Miles TOTAL HOUSEHOLDS 1,571 14,063 25,930 # OF PERSONS PER HH 3.0 3.0 3.1 AVERAGE HH INCOME $58,131 $46,228 $50,891 AVERAGE HOUSE VALUE $45,445 $68,701 $83,882 Race 1 Mile 3 Miles 5 Miles % WHITE 94.5% 91.5% 90.5% % BLACK 0.2% 0.5% 0.8% % ASIAN 1.1% 1.0% 1.3% % HAWAIIAN 0.0% 0.0% 0.0% % INDIAN 0.4% 0.4% 0.3% % OTHER 3.8% 6.6% 7.1%

Ethnicity 1 Mile 3 Miles 5 Miles % HISPANIC 72.6% 82.0% 78.3%

* Demographic data derived from 2010 US Census

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com Retail development 16 acres Interchange of Interstates 2 and 69 E Harlingen, Texas 78550

The information contained in the following Investment Summary is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NAI Valley Investment Real Estate Brokerage and should not be made available to any other person or entity without the written consent of Broker. This Investment Summary has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Broker has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue occupancy of the subject property.

The information contained in the Marketing Brochure has been obtained from sources we believe to be reliable; however, Broker has not verified, and will not verify, any of the information contained herein, nor has Broker conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

For More Information:

Eric Ziehe, CCIM, Broker C: 956 495 9851 [email protected]

722 Morgan Blvd Suite L, Harlingen, TX 78550 956 425 9400 tel nairgv.com