Cornerstone Park$9.30 – $11.32/SF/yr NNN
1239 Burnet Rd
220,400 SF industrial building at 1239 Burnet Rd, Laredo, TX 78040. For Lease through the owner.
For LeaseStatus
$13.38/SFAsking rent
2024Year built
AClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | A |
| Rentable area | 220,400 SF |
| Stories | 1 |
| Year built | 2024 |
| Typical floor | 220,400 SF |
| Lot size | 5.39 acres |
| Parking ratio | 1.5/1,000 SF |
| Occupancy | 100.0% |
| Zoning | B-4 |
| Parcel ID | 99-312-5843 |
| Submarket | Laredo Logistics |
| Market | Laredo |
| Walk Score | 85 |
| Transit | DART station 4 min |
| Listing package | Silver |
Building amenities
Restaurant, Concierge, Banking
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Zephyr Aerospace | Energy | 1 | 19,870 | 2025-10-01 |
| Granite Financial | Healthcare | 1 | 64,600 | 2025-04-01 |
| Cobalt Analytics | Media | 1 | 44,330 | 2024-04-01 |
| Pecos Drilling Services | Real Estate | 1 | 7,000 | 2024-03-01 |
| Quantum Ledger | Insurance | 1 | 45,930 | 2031-01-01 |
| Tidewater Shipping | Education | 1 | 38,670 | 2029-03-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2022-01-02 | $15.48M | $70.26 | 5.52% | Greystone Holdings | Quarry Point Partners |
| 2021-06-27 | $24.7M | $112.09 | 8.09% | Hudson Gate Partners | Marlowe Family Office |
Public record
| Owner of record | Lone Star Property Trust LLC |
|---|---|
| Assessed value | $19.23M |
| Land value | $4.96M |
| Improvement value | $14.27M |
| Annual tax | $181K |
| Tax year | 2026 |
| Lot size | 234,788 SF |
| Last deed | 2023-01-23 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 40 BLK 308 LAREDO LOGISTICS ADDN |
Location
1239 Burnet Rd
Laredo, TX 78040
Laredo Logistics submarket · Laredo market
27.57495, -99.54459
Open in RealStarListing package
Silver — Priority placement above all free listings.
Priority placement above every free listing, expanded photo set, full space-by-space availability table and a monthly performance report.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.