3219 Lomas Del Sur Boulevard - Convenience Store FOR SALE
Laredo, TX 78046 |
$2,600,000 USD
737-283-3275
3219 Lomas Del Sur Boulevard
Laredo, TX 78046
HIGHLIGHTS
- This asset is backed by a long-term 15-year Abs NNN Ground Lease with 5% rent increases every 5 years, delivering consistent income growth.
- Located on a signalized, hard corner intersection near a handful of other new construction retail sites.
- Location opened for business in March, 2026. This newly developed property offers long-term durability and investment stability.
- Circle K has signed a long-term lease for the property. The company operates thousands of locations worldwide and maintains a strong operating history
- The Absolute Triple Net (NNN) Ground Lease shifts all property responsibilities to the tenant, including taxes, insurance, and CAM.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 5,650 SF Circle K located at 3219 Lomas Del Sur Boulevard in Laredo, TX.? This newly constructed, investment-grade convenience retail asset is secured by a 15- year Absolute Triple Net (NNN) Ground Lease with 5 additional, consecutive 5-year renewal options, offering up to 40 years of potential tenancy.?
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$2,600,000 USD
PRICE/SF
$460 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Circle K - Laredo, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.35 AC
LAND SF
58,806 SF
ZONING
-
APN/PARCEL ID
364795
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737-283-3275
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737-283-3275
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