1020 N Meadow Ave. Laredo, TX 78040

Marcus & Millichap is pleased to introduce an investment opportunity: a single-tenant net-leased Subway situated at 1020 N. Meadow, Laredo, Texas, with an impressive daily traffic count of approximately 25,000 vehicles. The lease structure is a triple-net lease (NNN) with a remaining primary term of four years. The tenant holds four additional five-year options, each accompanied by 10 percent rental increases. Notably, the tenant is a seasoned operator with a portfolio spanning over 35 locations across southern Texas.

Laredo is the 11th most populist city in Texas. More than 47 percent of U.S. international trade headed for Mexico and more than 36 percent of Mexican international trade crosses through the Laredo port of entry. Laredo's economy revolves around commercial and industrial warehousing, import, and export. As a major player in international trade, the Laredo area benefited from passage of the North American Free Trade Agreement, which has encouraged trade. The Laredo port of entry consists of four international bridges with a proposed fifth, crossing the Rio Grande into the Mexican states of Tamaulipas and Nuevo León.