Operating Restaurant on SPID
1949 S Padre Island Drive Corpus Christi, TX 78416
For Sale
$3,500,000
COMMERCIAL - Corpus Christi, TX
Property Size6,670 SF
Lot Size2.09 Acres
Price / SF$524.74
Days on Market121
Property Features for 1949 S Padre Island Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 200102956
- Size
- 6,670 SF
- Lot size
- 2.09 Acres
Taxes and HOA fees
- Tax Description
- SPICE PLAZA BLK 3 LOT 10 2.088
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Roof type
- Flat, Shingle
Listing Agency:
Mirabal Montalvo & Associates
(361) 994-1140
Listed By:
James Mirabal · License #0481796
(361) 774-4137
Added: Mar 25
Changed: May 31
Last Checked: Jul 23 at 11:06AM
MLS# 473721
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features an operating Fuddruckers Restaurant on approximately 2.0885 acres with frontage on South Padre Island Drive (SPID) near Crosstown Expressway. The property is supported by a triple net lease, offering stable cash flow. The restaurant building, well-maintained and situated on approximately 1.38 acres, provides a flexible layout suitable for continued food service or adaptive reuse. An additional 30,927 square feet along SPID offers potential for a ground lease or pad site sale. The location benefits from cross-access with Walmart and other national brands, drawing customers from a mix of restaurants, retail, banking, hotel/motel, and entertainment venues. Neighboring businesses include Texas Roadhouse, Buffalo Wild Wings, Bubba's 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire. Traffic counts reach 88,451 cars per day (ESRI 2022). The restaurant building has a size of 6,670 square feet. This property is suited for both passive investors and owner-users seeking visibility, established tenancy, and development potential.
Key Highlights
- Income‑producing Fuddruckers restaurant with a triple net lease providing stable cash flow.
- Prime SPID frontage location near Crosstown Expressway with high traffic counts (88,451 cars per day).
- Additional 30,927+\/- sq ft of land along SPID suitable for ground lease or pad site sale.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fuddruckers
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Income-producing restaurant with development upside in high-traffic location.
Where is this conventional restaurant located?
The property is located at 1949 S Padre Island Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Income‑producing Fuddruckers restaurant with a triple net lease providing stable cash flow.; **Prime SPID frontage location** near Crosstown Expressway with high traffic counts (88,451 cars per day).; Additional 30,927+\/- sq ft of land along SPID suitable for ground lease or pad site sale.
