For Sale
$1

5999 Mcpherson Rd Laredo, TX 78041

10,000 SF Flex Space, Laredo, TX

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 10,000-square-foot flex space industrial property in Laredo, Texas, presents a compelling investment opportunity. Located at 5999 McPherson Road, this single-story, 2003-built building sits on a 2-acre lot (1.13 acres vacant) and boasts M-1 zoning, allowing for a wide range of uses. Currently occupied by a Firestone tenant under a triple-net (NNN) lease with three years remaining and three 3-year options (expiration 09/30/2026), the property generates immediate revenue streams from the existing building and a billboard. The substantial vacant land offers significant potential for development, with plans for an additional 11,626-square-foot building already in place, creating a third income stream. The property enjoys high visibility, situated off McPherson Road with traffic counts exceeding 30,000 vehicles per day, and benefits from rear access via Gale Street. The asking price is $2,030,000. This property offers a blend of existing income and future development potential in a desirable Laredo location. The property features one building with a single tenant.

Highlights

  • 10,000 SF flex space industrial building on a 2-acre lot (1.13 acres vacant) in Laredo, TX.
  • Single-story building constructed in 2003 with M-1 zoning.
  • NNN lease with Firestone tenant; three years remaining plus three 3-year options (expires 9/30/2026).
  • High visibility location on McPherson Road (30,000+ VPD) with rear access via Gale Street.
  • $2,030,000 asking price; includes existing building income, billboard revenue, and future development potential (approved plans for an additional 11,626 SF building).

Property Details for 5999 Mcpherson Rd

Property type
Industrial properties, Flex space
Square Feet
10,000 SF
Year Built
2003
Buildings
1
Stories
1

Location Insight

City
Laredo
County
Webb
State
Texas
Latitude
27.5551663
Longitude
-99.4783382

FAQs

What type of property is this?
Industrial property - 10,000 SF Flex Space, Laredo, TX
Where is the industrial property located?
The property is located at 5999 Mcpherson Rd Laredo, TX.
What is the asking price?
The asking price for this property is $1.
What are key features of this property?
This property features: 10,000 SF flex space industrial building on a 2-acre lot (1.13 acres vacant) in Laredo, TX.; Single-story building constructed in 2003 with M-1 zoning.; NNN lease with Firestone tenant; three years remaining plus three 3-year options (expires 9/30/2026).
How can I contact the broker?
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5999 Mcpherson Rd
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