7120 San Bernardo Avenue
Laredo, TX
Price:
$949000
Cap Rate:
6.95%
NOI:
$66,000
Building Size:
Approx. 2406 Sq. Ft.
Lot Size:
Approx. 0.49 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built / Renovated:
1989 / 2014
Investment Overview
- 2,406+/- SF Building on .49+/- Acre Site
- 10-Yr Abs NNN Lease w/6+ Yrs Remaining
- Located off San Bernardo Ave & I-35 (104K VPD)
- Near H-E-B, Lowe’s, Whataburger, Target, McDonalds
- 1-Mile North of Mall del Norte (1.2 Million Square Feet)
- Top Employers: Border Patrol | H-E-B | Texas A&M Int.
- Laredo was Ranked: #1 inland port on US-Mexico Border
- Lowest unemployment rate | Only recession proof MSA
- 3-Mile Radius: 2017 Pop: 91,334 l Avg. HH Income: $63,175