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302 W Calton Rd
Laredo, TX 78041

$2,476,000 USD

Auto Repair For Sale  •  5,808 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 8,256 SF
  • Lot Size 1.11 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 5.25 %
  • Tenancy Single
  • Zoning B3
0 Transit Score
75 Walk Score

Highlights

Brand-new 15-year absolute net lease extension
9% rental increases every 5 years providing a hedge against inflation
Corporate lease backed by investment grade tenant
Excellent intrinsics – replaceable rent ($15/FT) & low price per foot ($299)
Longstanding operating history – 36 years
Tax-free state

Property Flyers

Cap Rate: 5.25 %

Public Transportation

AirportDriveWalkDistance
Laredo International 12 min - 5.6 mi
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE