Ayers Street Multi-Use Facility

6110 Ayers St, Corpus Christi, TX

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Multi-use facility on Ayers near Saratoga, built in 2013.

Type:RETAIL

Property size:

12,748 SF

Lot size:

3.76 Acres

Price / SF:

$192/SF

HighLights

Prime location on Ayers near Saratoga with excellent access and high visibility
Flexible use property suitable for multiple purposes or subdivision
Superior tilt‑wall construction and complete concrete parking lot
Excess land available for future expansion
Covered drop‑off area for convenient access
Built in 2013, offering a relatively modern facility

We can help!

Listing Contact

Mark Adame, CCIM, SIOR

For Sale

Contact for pricing

Multi-use facility on Ayers near Saratoga, built in 2013.

Type:RETAIL

Property size:

12,748 SF

Lot size:

3.76 Acres

Price / SF:

$192/SF

Added:: Oct 1, 2024
Days on Market:: 623
Last Refresh:: May 20 at 8:54 pm

Property Features for 6110 Ayers St

General Information

Standard status: Active
Size: 12,748 SF
Lot size: 3.76 Acres
Property subtype: RETAIL

Properties For Sale

at 6110 Ayers St Contact us

We can help!

Listing Contact

Mark Adame, CCIM, SIOR

Listing agent Mark Adame, CCIM, SIOR

Listing office Adame Commercial

Listing date Oct 1, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Adame Commercial

HighLights

Prime location on Ayers near Saratoga with excellent access and high visibility
Flexible use property suitable for multiple purposes or subdivision
Superior tilt‑wall construction and complete concrete parking lot
Excess land available for future expansion
Covered drop‑off area for convenient access
Built in 2013, offering a relatively modern facility

Overview

This multi-use facility is located on Ayers Street near Saratoga. Currently, the facility is used as a large bingo hall and special event center. Constructed in 2013, the building features tilt-wall construction and a complete concrete parking lot. A large pylon sign is available facing Ayers Street. The property has frontage visibility on Ayers and excellent access to Saratoga and the Crosstown Expressway. There is a covered drop-off area. The property's flexible use allows it to be subdivided for multiple users. Excess land is available for expansion. The property size is 12,748 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$229.5k	$18.00
− Vacancy	−$9.2k	−$0.72
EGI	$220.3k	$17.28
− OpEx	−$66.1k	−$5.18
NOI	$154.2k	$12.10

12,748 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.20M

$1.93M – $2.57M (±1% cap)

NOI $154,200 @ 7.0% cap · market cap 6.29%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.03M

$2.65M – $3.54M (±1% cap)

NOI $212,331 @ 7.0% cap · market cap 8.67%

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

Property Profile Location Intelligence

Current Use by Public Records

Lonestar Lounge Theater & Performing Art Venue Expressions at the Valencia Event Planning The Valencia Events Center Hotel & Motel Birrieria y Mariscos ... Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Corpus Christi
County: Nueces
State: Texas
Longitude: -97.4378
Latitude: 27.7166

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What type of property is this?

Storefront property - Multi-use facility on Ayers near Saratoga, built in 2013.

Where is this storefront property located?

The property is located at 6110 Ayers St Corpus Christi, TX.

What is the asking price?

The asking price for this property is $2,450,000.

What are key features of this property?

This property features: Prime location on Ayers near Saratoga with excellent access and high visibility; Flexible use property suitable for multiple purposes or subdivision; Superior tilt‑wall construction and complete concrete parking lot

6110 Ayers St, Corpus Christi, TX

Multi-use facility on Ayers near Saratoga, built in 2013.

Property Features for 6110 Ayers St

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Warehouse with Office Buildings

High-Visibility Corner Commercial Building

Versatile Income-Producing Commercial Property

Waterfront Restaurant Opportunity

The Ranch Motel Opportunity

High-Visibility Commercial Property on Staples

Operating Restaurant on SPID Frontage

Renovated Commercial Building, Corpus Christi

Prime Commercial Building on Everhart

Padre Island Retail Opportunity

Versatile Industrial Property on NAS Drive

Multi-Building Commercial Property on 0.95 Acres

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