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Grocery Store

Lowe's Mercado

3000 Santa Maria Ave, Laredo, TX 78040

Listing Price: $1,305,000

Cap Rate
7.00%
Tenant Name
Lowe's Mercado
Years Remaining On Lease
1.6
Gross SF
18,160
Guarantor
Corporate Guarantee
Rentable SF
18,160
Price/Gross SF
$71.86
Lease Type
Absolute Net
Rent Per Square Feet
$5.03

Investment Overview

This Lowe's Mercado grocery store is located in the heart of Laredo, TX. It has two, 5-year options with a rental increase in the second option. With an absolute net lease, there are zero landlord responsibilities and a corporate guarantee.

Investment 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

Exclusively Listed By

Financing By

Grocery Store

Lowe's Mercado

Listing Price: $1,305,000

Cap Rate
7.00%
Tenant Name
Lowe's Mercado
Years Remaining On Lease
1.6
Gross SF
18,160
Guarantor
Corporate Guarantee
Rentable SF
18,160
Price/Gross SF
$71.86
Lease Type
Absolute Net
Rent Per Square Feet
$5.03

Investment 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

Investment Overview

This Lowe's Mercado grocery store is located in the heart of Laredo, TX. It has two, 5-year options with a rental increase in the second option. With an absolute net lease, there are zero landlord responsibilities and a corporate guarantee.

Exclusively Listed By

Financing By

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