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1209 Iturbide St
Laredo, TX 78040
Retail Property For Sale
EXECUTIVE SUMMARY
Great income producing property with 3 tenant opportunity. Currently has a major tenant & a private one. One unit is vacant with a retail setup ready for occupancy and additional income potential. Located within walking distance to Laredo's International Bridge I and in the downtown retail area. Neighbor to major cellular franchise. Current cap rate is 11.51% with room for growth once vacant unit is leased. Call for a viewing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,464 SF
Building Class
C
Year Built
1983
Price
$275,324 CAD
Price Per SF
$79.48 CAD
Cap Rate
11.51%
NOI
$31,690 CAD
Percent Leased
34%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.10 AC
PROPERTY TAXES
| Parcel Number | 159643 | Improvements Assessment | $86,845 CAD |
| Land Assessment | $30,952 CAD | Total Assessment | $117,797 CAD |
PROPERTY TAXES
Parcel Number
159643
Land Assessment
$30,952 CAD
Improvements Assessment
$86,845 CAD
Total Assessment
$117,797 CAD
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