910 Guadalupe St
Laredo, TX 78040
Retail Property For Sale

The subject property is a new construction 18,005 square foot 2 tenant medical retail building situated on 1.36 acres in Laredo, Texas occupied by Rodeo Dental and Satellite Healthcare. Each tenant has over 10 years remaining on their primary term and both leases are corporately guarantied, absolute triple net with zero landlord responsibilities. The property is located along Guadalupe St (SH 359) which carries over 19,000 cars per day and is in close proximity to a HEB Supermarket with $950,000 in weekly sales and less than one mile from the United States #1 border crossing into Mexico via I-35. US Census demographics show over 126,000 people living within a 3-mile radius of the site, however, nearly one quarter of the radius crosses into Mexico and these additional residents are not reflected in the numbers provided by the US Census Bureau. Laredo and Nuevo Laredo are actually one city divided only by the Rio Grande. The Port of Laredo is the nation’s Number One land border gateway by value of imports and exports, ranking first in the nation in 2016, transported across the border by highways, railroads and pipelines generating over $280 Billion in international trade. Laredo is the only U.S./Mexico border city strategically positioned at the convergence of all land transportation systems. Mexico’s principal highway and railroad leading from Central America through Mexico City, Saltillo and Monterrey, the industrial heart of Mexico, converge at Laredo to meet two major U.S. rail lines, Inter-state 35 and other roads which fan outwards to the urban centers and seaports of Texas and beyond to Northern States and Canadian Provinces including Illinois, Michigan, New York and Ontario. Laredo boasts the #1 Wal-Mart in the nation based on sales per sq. ft. Many other national retailers have multiple locations in the trade area capitalizing on the expanded trade area south of the border with thousands of daily visitors from Monterrey and Mexico City who flock to Laredo to buy clothing and electronics at half the price of what it would cost them in Mexico and to seek superior medical attention than cannot be found at home. This newly constructed 18,005 square foot 2 tenant medical retail building offers the rare opportunity to own an absolute net multi-tenant property with zero landlord responsibilities. The property enjoys an expanded multi-national trade area and close proximity to the number one border crossing between the United States and Mexico. Full corporate guarantees from strong credit tenants and a vibrant and growing market ensure the long-term stability of this asset.