DALLAS—A D-FW-based LLC has acquired 1610 Tyler Avenue, an 8,9678-square-foot neighborhood retail center located at the southwest quadrant of E. Tyler Avenue and S. 77 Sunshine Strip in Harlingen.
Evan Altemus handled negotiations for the seller, a McAllen-based company.
The center, located on a .24-acre parcel, features a pizzeria and a chiropractor. The purchaser acquired the center as a value-add investment with plans to re-tenant its available spaces.
. The project benefits from its visible and accessible location in a trade with more than 60,000 residents and nearly 20,000 households within a three-mile radius.
The center also benefits from the traffic in the area created by national and regional tenants such as Walgreens, Whataburger, T-Mobile, H-E-B and others.