14407 Mines Rd - Truck Stop FOR SALE


Laredo, TX 78045
$9,588,000 USD
650-678-7200
14407 Mines Rd, Laredo, TX for Sale
$9,588,000 USD
Truck Stop - FOR SALE
1/11
null | 5% Cap Rate

14407 Mines Rd
Laredo, TX 78045


HIGHLIGHTS

  • $56 billion revenue company
  • Berkhsire Hathaway Subsidiary
  • Huge 8 Acre Lot
  • 20 Year Absolute Net Lease

OVERVIEW

Pilot Travel Center is located less than 3.5 miles from the World Trade Bridge, which sees over 3 million truck crossings per year. This deal offers a 20-year NNN ground lease with a 15% rental increase in year 5.

FOR SALE DETAILS

PRICE

$9,588,000 USD

PRICE/SF

$799 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pilot Travel Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Truck Stop

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

C

APN/PARCEL ID

458410

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.