0 Del Mar Blvd Laredo, TX 78041
North Creek Plaza offers exceptional retail space in Webb County, Texas. This prime location boasts 245,991 square feet of gross leasable area (GLA) and is strategically situated directly off Interstate Highway 35, ensuring high visibility and accessibility. The property features two suites currently available, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 3,117 square feet. A total of 5,617 square feet is currently vacant. The center is anchored by major retailers, HEB and Target, creating a high-density traffic area and a strong consumer base, contributing to increased sales potential for tenants. Triple net lease rates are $6.58 per square foot. This presents a unique opportunity for businesses seeking high-traffic exposure and a strong retail environment. The property's location offers ease of access for consumers, directly impacting sales growth. Interested parties should inquire for specific pricing details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.