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Fuddruckers Restaurant with NNN Lease

1949 S Padre Island Drive, Corpus Christi, TX 78416

For Sale
$3,500,000

CommercialSale, Corpus Christi, TX

Property Size6,670 SF
Lot Size2.09 Acres
Price / SF$524.74
Days on Market234

Property Features for 1949 S Padre Island Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Spice Plaza
Lot features Interior Lot
Standard status Active
APN 200102956
Size 6,670 SF
Lot size 2.09 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Description SPICE PLAZA BLK 3 LOT 10 2.088
Legal Description SPICE PLAZA BLK 3 LOT 10 2.088

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2004
Floors in Building 1
Roof type Flat, Shingle
Buildings 1
Listing Agency: Mirabal Montalvo & Associates
Listed By: James Mirabal · License TX #0481796
Added: Mar 25 Changed: Oct 27 Last Checked: Nov 13 at 1:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 6,670-square-foot operating Fuddruckers restaurant was built in 2004 on approximately 2.0885 acres. The restaurant building occupies about 1.38 acres, while an additional 30,927 square feet along SPID may be separately platted for a ground lease or pad site sale. The property has central air, electric and central heating, public water, public sewer, and a roof comprising shingle and flat sections. The existing tenancy is structured under a triple-net lease.

Located on S Padre Island Drive near Crosstown Expressway, the property benefits from cross-access with Walmart and nearby national restaurant, retail, banking, hotel, and entertainment businesses. Neighboring merchants include Texas Roadhouse, Buffalo Wild Wings, Bubba's 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire. Traffic counts are reported at 88,451 cars per day by ESRI 2022.

Key Highlights

  • Operating Fuddruckers restaurant with a triple‑net lease
  • 6,670‑square‑foot restaurant building completed in 2004
  • 2.0885+/- acres, including approximately 1.38+/- acres occupied by the building

Property Analytics

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Current Use

Fuddruckers Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

88,451 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78416, TX

14,103
Population
5,274
Households
2.7
Avg Household Size
39
Median Age
8%
College-Educated
73%
High-School Grad
3.3 sq mi
ZIP Area
4,274
Density / Sq Mi
$44,726
Median Household Income
$28,611
Median Earnings
$1,066
Median Rent
$93,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Conventional restaurants in Corpus Christi, TX

$343 Jul
$306 Aug
$308 Sep
$277 Oct

Properties on Market for Conventional restaurants in Corpus Christi

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with an established triple-net lease and public water and sewer service.
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: Operating Fuddruckers restaurant with a triple‑net lease; 6,670‑square‑foot restaurant building completed in 2004; 2.0885+/- acres, including approximately 1.38+/- acres occupied by the building
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