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South Gate Plaza 2110 Lomas Del Sur Blvd

55,660 SF 100% Leased Retail Building Laredo, TX 78046 $8,000,000 ($144/SF)

Investment Highlights

  • South Gate Plaza, a prominent two-story retail and business center, is strategically positioned near the bustling HWY 83 (S. Zapata HWY).
  • a pharmacy, daycare, a gym, and various retail units. The building is equipped with amenities such as a sprinkler system,
  • nearby, indicating potential for increased customer footfall and business opportunities. Currently, the plaza enjoys a healthy occupancy rate 63%.
  • This well-established center, nestled amidst multiple residential neighborhoods, caters to a diverse array of tenants, including medical offices,
  • an elevator, and three stairways, ensuring accessibility and safety. The surrounding area is experiencing growth, with new residential developments
  • Excellent investment opportunity with owner financing options; for details, please contact the listing agent.

Executive Summary

Excellent investment opportunity with owner financing options; for details, please contact the listing agent.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
55,660 SF
Building Class
C
Year Built
2009
Price
$8,000,000
Price Per SF
$144
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
2.43 AC
Zoning
B-3
Parking
146 Spaces (2.75 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Accent Lighting
  • Monument Signage

Nearby Major Retailers

Twin Peaks
El Taco Tote
PNC Bank
H-E-B
Buddy's Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
363217
Land Assessment
$316,768
Improvements Assessment
$783,232
Total Assessment
$1,100,000
  • Listing ID: 30806050

  • Date on Market: 1/28/2024

  • Last Updated:

  • Address: 2110 Lomas Del Sur Blvd, Laredo, TX 78046

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