For Sale
$2,517,000

5702 Cielito Lindo BlvdLaredo, TX 78046

High-Yield Dollar Tree NNN Lease in Texas

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • $2,517,000 asking price for a 10,000 SF Dollar Tree (NASDAQ: DLTR) net-leased retail property.
  • Brand new 2024 construction with a 10-year corporate lease, including four, five-year renewal options with rent increases.
  • 7.15% cap rate and $180,000 annual NOI.
  • High-traffic location on a signalized corner, visible to over 11,500 vehicles daily, adjacent to Lyndon B. Johnson High School and future development.
  • Strong demographics: Average household income exceeding $57,000 within a 5-mile radius, and a population of 222,288 within a 5-mile radius projected to increase by 5.05% by 2028.

Property Details for 5702 Cielito Lindo Blvd

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,000 SF
Year Built
2024
Lot Size (sq. ft)
49,658 SF

Location Insight

City
Laredo
County
Webb
State
Texas
Latitude
27.4326804
Longitude
-99.4642461
5702 Cielito Lindo Blvd, Laredo, Texas
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5702 Cielito Lindo Blvd
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