Property profile

5702 Cielito Lindo Blvd Laredo, TX 78046

OFF-MARKET
Retail properties & Spaces
10,000 SF 1.14 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree (DLTR) located at 5702 Cielito Lindo Blvd, Laredo, TX 78046. The property boasts a strong 7.15% cap rate and a substantial $180,000 annual NOI, supported by a corporate-guaranteed net lease. Built in 2024, this single-tenant retail building sits on a 1.14-acre lot in a high-traffic area, visible to over 11,500 vehicles daily. The lease includes four, five-year renewal options with built-in rental increases. The property benefits from its strategic location adjacent to Lyndon B. Johnson High School and across from future development, within a thriving community with an average household income exceeding $57,000 and a population of 222,288 within a 5-mile radius, projected to grow by 5.05% by 2028. The Dollar Tree store offers a diverse range of merchandise, catering to a broad customer base. This is a rare chance to acquire a high-performing, low-maintenance investment with a secure, long-term lease from a nationally recognized tenant. The asking price is $2,517,000, representing a price per square foot of $251.70. 100% occupancy ensures immediate cash flow.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,000 SF
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5702 Cielito Lindo Blvd Laredo, TX 78046
Laredo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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