Southwest Corner of Lomas Del Sur Boulevard & S Ejido Avenue - Convenience Store FOR SALE
Laredo, TX 78046 |
$2,600,000 USD
512-910-2665
Southwest Corner of Lomas Del Sur Boulevard & S Ejido Avenue
Laredo, TX 78046
HIGHLIGHTS
- The asset is backed by a long-term 15-year Absolute Triple Net (NNN) Ground Lease with 5 additional consecutive five-year renewal options.
- Construction will be completed, and the site will open in March of 2026. This newly developed property offers modern design and long-term durability.
- Circle K has signed a long-term lease for the property. The company operates thousands of locations worldwide & maintains a strong operating history.
- The Absolute Triple Net (NNN) Ground Lease shifts all property responsibilities to the tenant, including taxes, insurance, and CAM.
- Located on a signalized, hard corner intersection near a handful of other new construction retail sites.
- is one of the most active trade corridors in the United States, benefiting from significant cross-border commerce, population growth Etc.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 5,650 SF Circle K Absolute NNN Ground Lease Asset located at the Southwest Corner of Lomas Del Sur Boulevard and S. Ejido Avenue 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
Convenience Store, 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
-
ASK ABOUT THIS PROPERTY
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512-910-2665
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512-910-2665
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