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Former Grocery Store Redevelopment
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1216 Waldron Rd, Corpus Christi, TX 78418

Multi-tenant retail center with diverse tenant mix.

Space Size1,050 SF - 7,700 SF
Property Size69,272 SF
Days on Market2184

Property Features for 1216 Waldron Rd

General Information

Standard status Active
Size 1,050 SF - 7,700 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 69,272 SF
Year Built 1983
Tenancy Multiple

Spaces For Lease

at 1216 Waldron Rd Contact us

Suite 135

Size
1,050 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Former Lucky Buffet

Size
7,700 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Cravey Real Estate Services Inc
Listed By: Lynann Pinkham · License #TX 319336
Source: Crexi
Added: Aug 31, 2020 Changed: Aug 9 Last Checked: Aug 22 at 3:53PM

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 Cravey Real Estate Services Inc

Investment Insights

Based on property information with market context.

The property is a redevelopment of a former HEB Grocery Store into a multi-tenant center known as Shops at Flour Bluff. The tenant mix includes Pizza Hut, Dollar Tree, Fresh Donuts, and Monster Mini Golf. The property is located in close proximity to Wells Fargo, HEB Plus, McDonald's, Whataburger, Taco Bell, and IBC Bank. A former Chinese buffet space is available, which includes some furniture, fixtures and equipment. NNN expenses are $5.00 per square foot.

Key Highlights

  • Redevelopment of a former HEB Grocery Store into a multi‑tenant center.
  • Existing tenant mix includes Pizza Hut, Dollar Tree, Fresh Donuts, and Monster Mini Golf.
  • Close proximity to Wells Fargo, HEB Plus, McDonald's, Whataburger, Taco Bell, and IBC Bank.

Property Analytics

Current Use

Venus Nails & Spa Nail Salon Pizza Hut Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Spa & Massage Center Nail Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 78418, TX

31,787
Population
16,171
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
73.3 sq mi
ZIP Area
434
Density / Sq Mi
$91,443
Median Household Income
$51,914
Median Earnings
$1,301
Median Rent
$274,800
Median Home Value

Market

Lease Benchmarks for Corpus Christi, TX

$21.96 /SF/Yr
Avg Asking Price
$1.2–$40 /SF/Yr
Price Range
4,683 SF
Avg Space Size

This space is priced 9% below the average of $21.96 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant retail center with diverse tenant mix.
Where is this retail space located?
The property is located at 1216 Waldron Rd Corpus Christi, TX.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Redevelopment of a former HEB Grocery Store into a multi‑tenant center.; Existing tenant mix includes Pizza Hut, Dollar Tree, Fresh Donuts, and Monster Mini Golf.; Close proximity to Wells Fargo, HEB Plus, McDonald's, Whataburger, Taco Bell, and IBC Bank.
(361) 288-3102 Call to check price and availability
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