502 Lafayette St | Laredo, TX 78041
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
502 Lafayette St
Laredo, TX 78041
76 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Years Remaining on a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong Operator and Guarantee With Over 20 Years of Experience Under This Brand
- MEX is Actively Growing Not Only Their Fuel Distribution, But Also Operations Across the Nation (MEX Acquires 50 Locations)
- 2% Annual Rent Increases With Four (4) X 5 Year Options to Renew
- Mountain Express Oil Company (MEX) Provides Petroleum to Over 700+ Locations Across 10 States and Operates an Additional 200+ Sites
- Phenomenal Location in the Heart of Laredo on the Main Retail Corridor With Limited Competition
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,090 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.39 AC
Zoning
B-3
Frontage
46’ on Lafayette St
PROPERTY TAXES
| Parcel Number | 165805 | Improvements Assessment | $316,717 |
| Land Assessment | $205,103 | Total Assessment | $521,820 |
PROPERTY TAXES
Parcel Number
165805
Land Assessment
$205,103
Improvements Assessment
$316,717
Total Assessment
$521,820
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
