Black Bear Diner | Harlingen, TX

Highlights:

• Black Bear Diner is a fast-growing, community-oriented family dining concept that was founded in 1995 and has since grown to over 161 locations across 13 states.
• The lease is triple net (NNN), with zero landlord responsibilities.
• The building was built in 2024 and features a brand-new lease with fifteen (15) years of term, plus four (4), five (5) year options.
• The lease provides for 10% rental increases every five (5) years.
• The property is located in an income tax-free state.
• Black Bear Diner is located in one of Harlingen’s retail corridors, and is anchored by several popular retailers including Texas Regional Bank (Headquarters), Cheddar’s, Tropical Smoothie Café, Wings and Rings, and Orangetheory Fitness.
• Black Bear Diner has strong frontage on W Expy 83 and is visible from the I-2 Freeway, both of which report strong combined traffic counts of 86,408 cars per day.
• There are 80,482 residents located in the five (5) mile demographic ring. The average household income in the one (1) mile demographic ring is $104,165.
• Harlingen is located in the Rio Grande Valley, which according to the National Golf Foundation, has more playable days of golf per year than anywhere else in the U.S., attracting visitors and residents alike.
• Black Bear Diner is located just 49 miles (55 minutes) from South Padre Island – a premier tourist destination known for its pristine beaches, vibrant nightlife, and diverse water sports activities.

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