Overview
Rio Norte Shopping Center
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Rio Norte Shopping Plaza

Laredo, TX

Fund:

Fund I / Fund II

Type:

Retail

Size:

260,240 SF

Key TenantS:

Ross Dress For Less, Petco, Cinemark, Michaels, Dollar Tree, Five Below, Cicis Pizza, 2nd and Charles

Address:

5404 San Bernardo Ave.
Laredo, TX 78041

Description:

Rio Norte Shopping Center is a 259,862 SF Class “A” Center located in the high-growth border town of Laredo, TX.  The Center includes one of the top Ross Dress for Less stores in the country – boasting sales of over 3x higher than their national average. Rio Norte Shopping Center is directly beside the nation’s top Walmart Supercenter and across I-35 from Mall Del Norte, the largest mall in South Texas reporting average sales volume over $600/SF. The Laredo MSA is projected to grow faster than any other MSA in Texas with over 75% growth by 2020. Laredo is the #1 inland port along the US-Mexico border accounting for over $180.1 billion in imports and exports.

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