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9803 Sterling Loop 9,696 SF 90% Leased Retail Building Laredo, TX 78045 $1,898,217 ($195.77/SF) 7.74% Cap Rate
Investment Highlights
- Investment Opportunity
- Income Producing
- Great Location
Executive Summary
Multi-Tenant Commercial Investment Opportunity | 9803 Sterling Loop, Laredo, TX
Offered at $1,899,000, this well-established multi-tenant commercial plaza offers investors the opportunity to acquire an income-producing asset in a highly visible location near the McPherson Road commercial corridor.
The property consists of approximately 9,696 SF situated on approximately 32,060 SF of land and is divided into 10 commercial suites. The plaza is currently approximately 90% occupied, providing existing cash flow with additional upside through the lease-up of the remaining available suite and future rental growth.
The property features a diversified tenant base, including established and long-term occupants. Each suite is individually metered for electricity, and the center provides 33 on-site parking spaces, including ADA parking.
Offered at $1,899,000, this well-established multi-tenant commercial plaza offers investors the opportunity to acquire an income-producing asset in a highly visible location near the McPherson Road commercial corridor.
The property consists of approximately 9,696 SF situated on approximately 32,060 SF of land and is divided into 10 commercial suites. The plaza is currently approximately 90% occupied, providing existing cash flow with additional upside through the lease-up of the remaining available suite and future rental growth.
The property features a diversified tenant base, including established and long-term occupants. Each suite is individually metered for electricity, and the center provides 33 on-site parking spaces, including ADA parking.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,696 SF
Building Class
C
Year Built
2002
Price
$1,898,217
Price Per SF
$195.77
Cap Rate
7.74%
NOI
$146,922
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.74 AC
Zoning
B-1 - Business Zoning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 180 | 960 SF | Office | - | Now |
180
| Size |
| 960 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 17
Videos
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Map
180
| Size | 960 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 242093 | Total Assessment | $1,712,435 |
| Land Assessment | $472,244 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,240,191 | Tax Year | 2025 |
Property Taxes
Parcel Number
242093
Land Assessment
$472,244
Improvements Assessment
$1,240,191
Total Assessment
$1,712,435
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
9803 Sterling Loop