INVESTMENT OFFERING

• 100% Occupied Retail Strip Center | The property features a strong mix of regional and service-oriented tenants across the rent roll
• Minimal Landlord Responsibilities | All tenants are operating on NNN leases, fully reimbursing for taxes, insurance, and CAM, ensuring the full recovery of all operating expenses
• High Quality New Construction Asset | The property was delivered in 2019 and features high-grade finishes and exposed brick architecture
• Excellent Traffic & Visibility |22,866+ vehicles per day along E Nolana Loop with strong visibility and ease of access
• Recently Extended Leases | Six tenants recently extended their leases, demonstrating their commitment to the site
• Supply Constrained Market | Pharr boasts a retail vacancy rate of just 2.0%, compared to the McAllen MSA’s vacancy rate of 2.9%, both well below the national average of 4.4%
• Robust Local Population Growth | Pharr has experienced 6.0% population growth since 2020 within a 5-mile radius
• Regional Draw for Cross-Border Shoppers | The Rio Grande Valley attracts shoppers from across South Texas and northern Mexico, with McAllen-area retail sales reaching $17.5 billion in 2023
• Nearby Residential Development | Over 4,900 households have been added in the past five years, with an additional 5% growth expected by 2030