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2212 Santa Ursula Ave 2,788 SF 100% Leased Retail Building Laredo, TX 78040 $1,888,502 CAD ($677.37 CAD/SF) 2.25% Cap Rate
Investment Highlights
- High Visiblity
- Potential for additional improvements
Executive Summary
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$93,886
|
$33.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,886
|
$33.67
|
| Taxes |
$38,998
|
$13.99
|
| Operating Expenses |
$12,467
|
$4.47
|
| Total Expenses |
$51,464
|
$18.46
|
| Net Operating Income |
$42,421
|
$15.22
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,886 |
| Annual Per SF | $33.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,886 |
| Annual Per SF | $33.67 |
| Taxes (CAD) | |
|---|---|
| Annual | $38,998 |
| Annual Per SF | $13.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,467 |
| Annual Per SF | $4.47 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $51,464 |
| Annual Per SF | $18.46 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $42,421 |
| Annual Per SF | $15.22 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Information
- -
- -
- -
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- Good Luck Business
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Information | - | - | - | ||
| Good Luck Business | Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 163138 | Total Assessment | $1,476,043 CAD |
| Land Assessment | $1,019,876 CAD | Annual Taxes | $38,998 CAD ($13.99 CAD/SF) |
| Improvements Assessment | $456,166 CAD | Tax Year | 2025 |
Property Taxes
Presented by
2212 Santa Ursula Ave
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