Listing Agency: Marcus & Millichap - Denver

Listed By: Kaitlin O'Malley · License #CO

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:28AM

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Investment Insights

Based on property information with market context.

This retail space is identified as Wendy’s and is presented with a 5.75% CAP and 19 years remaining. The property address is 1319 San Bernardo Ave, Laredo, TX 78040, placing the asset within the Laredo market. Available information identifies the offering as a retail property for sale.

Key Highlights

• Wendy’s‑named retail space
• 5.75% CAP
• 19 years remaining

Property Analytics

Property Profile

Current Use

Wendy's Restaurant C&E Attic Insulation ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,847

Businesses Nearby

Explore this area Business Placement

Demographics for 78040, TX

36,688

Population

13,567

Households

2.7

Avg Household Size

33

Median Age

9%

College-Educated

52%

High-School Grad

6.3 sq mi

ZIP Area

5,823

Density / Sq Mi

$35,742

Median Household Income

$24,729

Median Earnings

$881

Median Rent

$116,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Wendy’s retail space with a stated 19-year remaining term.

Where is this retail space located?

The property is located at 1319 San Bernardo Ave Laredo, TX.

What are key features of this property?

This property features: Wendy’s‑named retail space; 5.75% CAP; 19 years remaining