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Former Grocery Store Redevelopment
For Lease
$12 SF/Yr NNN

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 Market196

Property Features for 1216 Waldron Rd

General Information

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

Building Details

Building Size 69,272 SF
Year Built 1983

Spaces For Lease

at 1216 Waldron Rd Contact us

Former Lucky Buffet $12 – $20/SF/Yr

Size 7,700 SF
Term Negotiable
Contact us

Suite 104 $20/SF/Yr

Size 2,520 SF
Term Negotiable
Contact us

Suite 135 $20/SF/Yr

Size 1,050 SF
Term Negotiable
Contact us
Listing Agency: Cravey Real Estate Services, Inc.
Listed By: Lynann Pinkham · License #TX #319336
Source: Craveyrealestate
Added: Mar 26 Changed: Sep 8 Last Checked: Oct 7 at 10:56AM

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

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Current Use

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

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Pharmacy Nail Salon Dental Office

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Corpus Christi, TX

$20.55 /SF/Yr
Avg Asking Price
$1.2–$40 /SF/Yr
Price Range
7,020 SF
Avg Space Size

This space is priced 42% below the average of $20.55 /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
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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 $12 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.
More about this property
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