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7515 Mcpherson Rd
Laredo, TX 78041
Burger King · Retail Property For Sale


EXECUTIVE SUMMARY
This well-maintained commercial building sits on a generous lot with excellent visibility and easy access in a high-traffic area. Prominent McPherson Road frontage delivers steady exposure to local and commuter traffic. The building is surrounded by established neighborhoods, medical offices, schools, and shopping. Tenant's lease expires in 2037 with 4 - 5 year options to extend with 7.5% rent increases every 5 years thru option terms.. contact agent for details
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
37,714 SF
Building Class
B
Year Built/Renovated
1998/2018
Price
$2,561,015 CAD
Price Per SF
$67.91 CAD
Cap Rate
6%
NOI
$153,661 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.87 AC
Zoning
B-4
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