Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1290 Fm 43 Corpus Christi, TX 78415

    Sponsored
    For Sale
    $7,500,000

    High-Yield Retail Investment, 100% Leased

    Property size:
    24,560 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    349
    Exceptional investment opportunity in Corpus Christi, Texas. This 24,560 square foot, 100% occupied shopping center and storefront boasts a 6.75% cap rate and a strong NOI of $506,000. Built in 2022 with CMU construction, the property features prime frontage on FM 43, directly across from the London School District. Its unique selling point is a turf courtyard with a stage, ideal for community events. The property benefits from a stabilized investment profile with NNN leases and built-in rent bumps of 2, 3, 4, and 5% year over year. Located in a rapidly growing area of Corpus Christi (seven times faster than the city average), this multi-tenant property offers significant long-term potential. The commercial zoning ensures flexibility and future development opportunities. The asking price is $7,500,000. This is a rare chance to acquire a high-performing, newly constructed retail center in a prime location. The property's superior construction materials also contribute to lower insurance costs.

    Property Features for 1290 Fm 43

    General Information

    Property type
    Lifestyle centers
    Square Feet
    24,560 SF

    Building Details

    Year Built
    2022

    HighLights

    • $7,500,000 asking price for a stabilized retail investment.
    • 24,560 square foot shopping center/storefront in Corpus Christi, TX.
    • 6.75% cap rate with a $506,000 NOI.
    • 100% occupancy with NNN leases and 2‑5% annual rent bumps.
    • 2022 construction featuring CMU construction, prime FM 43 frontage, and a unique turf courtyard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Francisco Aguilar - State ... Insurance Agency Third Coast Water ... Water Mill Pelican's SnoBalls Dessert Shop Corpus Christi Cooking ... Cooking Class LONDON HAIR SALON Hair Salon

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hair Salon Wholesale Shop Hotel & Motel Storage Facility HVAC Service Gym & Fitness Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4770278
    Latitude
    27.6885095

    Nearby Similar for Sale

    • $300,000
      1,540 SF

      Income-Producing Corner Lot Property

      Versatile 4-bedroom home with income potential in Corpus Christi.
      1302 Aswan Dr, Corpus Christi, TX 78412
      View Details
    • $620,000
      6,624 SF

      Versatile Acreage with Multiple Structures

      6.71 acres with residences, garage, and office space.
      2977 Cr 37, Corpus Christi, TX 78417
      View Details
    • $425,000
      Pending

      Restored Fourplex Near Corpus Christi Bayfront

      Versatile property near the bayfront, ideal for investors or owner-occupants.
      1112 6Th St, Corpus Christi, TX 78404
      View Details
    • $2,100,000
      7,264 SF

      Ocean Drive Multifamily Executive Suites

      Remodeled multifamily property with bay views, ideal for short-term rentals.
      1601 Ocean Dr, Corpus Christi, TX 78404
      View Details
    • New
      $1,100,000
      10,000 SF

      Corpus Christi Warehouse with Offices

      Light industrial warehouse with office space and truck access.
      3701 Apollo Rd, Corpus Christi, TX 78413
      View Details
    • $2,200,000
      12,442 SF

      Commercial Property Near Padre Island

      Two offices and a large warehouse near Padre Island.
      2248 Flour Bluff Dr, Corpus Christi, TX 78418
      View Details
    • $180,000
      Pending

      Income-Producing Corpus Christi Multifamily Property

      Two duplexes, four units, fully leased, near downtown Corpus Christi.
      273 W Longview St, Corpus Christi, TX 78408
      View Details
    • New
      $3,699,900
      39,814 SF

      Corpus Christi Multifamily Investment Opportunity

      Cash-flowing 40-unit townhome-style property in Corpus Christi's Southside.
      3702 Thornberry Ct, Corpus Christi, TX 78415
      View Details
    • $265,000
      5,214 SF

      Office/Warehouse Space in Central Location

      Office and warehouse space with multi-functional use and recent updates.
      2930 Leopard St, Corpus Christi, TX 78408
      View Details
    • $350,000
      2,793 SF

      Rebuilt Gem in Corpus Christi

      Commercial building with residential features, rebuilt with high-end finishes.
      618 Staples St, Corpus Christi, TX 78401
      View Details
    • New
      $1,500,000
      8,899 SF

      Versatile Industrial Property on NAS Drive

      Light industrial property with multiple buildings in prime location.
      721 Nas Dr, Corpus Christi, TX 78418
      View Details
    • $1,300,000
      2,500 SF

      Corpus Christi Turnkey Mechanic's Garage

      Mechanic's garage or industrial operation with high visibility and frontage.
      1169 S Padre Island Dr, Corpus Christi, TX 78416
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Retail Investment, 100% Leased
    Where is this lifestyle center located?
    The property is located at 1290 Fm 43 Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: $7,500,000 asking price for a stabilized retail investment.; 24,560 square foot shopping center/storefront in Corpus Christi, TX.; 6.75% cap rate with a $506,000 NOI.
    Request Owner's contact information
    1290 Fm 43 Corpus Christi, TX 78415
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1290 Fm 43
    Corpus Christi, TX 78415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1290 Fm 43 Corpus Christi, TX 78415
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.