9803 Sterling Loop - Storefront Retail/Office FOR SALE


Laredo, TX 78045
$1,898,217 USD
956-693-0890
9803 Sterling Loop, Laredo, TX for Sale
$1,898,217 USD
Storefront Retail/Office - FOR SALE
1/27
null | 7.74% Cap Rate

9803 Sterling Loop
Laredo, TX 78045


HIGHLIGHTS

  • Investment Opportunity
  • Great Location
  • Income Producing

OVERVIEW

Multi-Tenant Commercial Investment Opportunity | 9803 Sterling Loop, Laredo, TX Offered at $1,899,000, this well-established multi-tenant commercial plaza offers investors the opportunity to acquire an income-producing asset in a highly visible location near the McPherson Road commercial corridor. The property consists of approximately 9,696 SF situated on approximately 32,060 SF of land and is divided into 10 commercial suites. The plaza is currently approximately 90% occupied, providing existing cash flow with additional upside through the lease-up of the remaining available suite and future rental growth. The property features a diversified tenant base, including established and long-term occupants. Each suite is individually metered for electricity, and the center provides 33 on-site parking spaces, including ADA parking.

FOR SALE DETAILS

PRICE

$1,898,217 USD

PRICE/SF

$196 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,060 SF

ZONING

B-1

APN/PARCEL ID

242093

ASK ABOUT THIS PROPERTY

Ana RochaLula Morales Realty, Inc.More Info
956-693-0890

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Ana RochaLula Morales Realty, Inc.More Info
956-693-0890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.