Lowe’s Mercado
Laredo, TX

OFFERING SUMMARY

Price: $1,305,000
Cap Rate: 7.00%
Gross Leasable Area: 18,160 SF
NOI: $91,350

 
OFFERING HIGHLIGHTS
  • Exceptionally Well Established Grocer in the Heart of Laredo
  • Subject Property has been a Grocer Since the 1970’s
  • Absolute Triple Net Lease, Zero Landlord Responsibilities
  • Strong, Texas Based Operator with Corporate Guarantee
  • Fantastic Demographics and Population Counts Make this an Ideal Site for Operator
  • Low Rent and Carrying Costs for Tenant

$1.3M | Absolute Net | Active Listings | Net-Leased | STNL | Texas