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Fuddruckers Restaurant with Triple-Net Lease
For Sale
$3,500,000

1949 S Padre Island Drive, Corpus Christi, TX 78416

COMMERCIAL - Corpus Christi, TX

Property Size6,670 SF
Lot Size2.09 Acres
Price / SF$524.74
Days on Market144

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

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

Amenities

cross-access

Building Details

Year built 2004
Floors in Building 1
Roof type Flat, Shingle
Listing Agency: Mirabal Montalvo & Associates
Listed By: James Mirabal · License #0481796
Added: Mar 25 Changed: Aug 4 Last Checked: Aug 15 at 3:06AM
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.

Investment Insights

Based on property information with market context.

Operating Fuddruckers restaurant available on approximately 2.0885+/- acres of SPID frontage. The property is described as backed by a triple net lease for stable, low-maintenance cash flow. A well-maintained restaurant building sits on approximately 1.38+/- acres and is supported by electric central heating and central air conditioning. Roof systems are listed as flat and shingle, with public water and public sewer serving the site.

The remainder of the site along SPID is described as approximately 30,927+/- square feet and can be separately platted, supporting a potential ground lease or pad site sale. The location is described as near Crosstown Expressway and offers cross-access with Walmart, in an active commercial corridor. Nearby merchants named include Texas Roadhouse, Buffalo Wild Wings, Bubba’s 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire.

Traffic counts are noted at 88,451 cars per day (ESRI 2022), supporting strong visibility for retail and food-service users along SPID.

Key Highlights

  • Operating Fuddruckers restaurant with triple net lease described for stable, low‑maintenance cash flow
  • Approximately 2.0885+/- acres of SPID frontage near Crosstown Expressway
  • Restaurant building on approximately 1.38+/- acres

Property Analytics

Current Use

Fuddruckers Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Parking Lot & Garage Gym & Fitness Center

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
Paved road access

Location Intelligence

Trade Area within ½ mile

527
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

Market

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?
Conventional restaurant - Operating Fuddruckers restaurant on SPID with central HVAC, public water, and public sewer service built in 2004.
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 triple net lease described for stable, low‑maintenance cash flow; Approximately 2.0885+/- acres of SPID frontage near Crosstown Expressway; Restaurant building on approximately 1.38+/- acres
More about this property
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