Single-Tenant Corporate NNN Office
330 Opportunity Drive Corpus Christi, TX 78405
330 Opportunity Drive, Corpus Christi, TX, 78405
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For Sale
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Single-tenant facility leased to Alorica with corporate-guaranteed NNN terms and extensive on-site parking for large-scale operations.
Property Size58,843 SF
Price / SF$190.59
Days on Market35
Property Features for 330 Opportunity Drive
General Information
- Standard status
- Active
- Size
- 58,843 SF
- Property subtype
- Office
Listing agency
Berlin Group
(305) 281-8087
Listed by
Benedict Gutierrez · License #BK3317434
Source
Crexi
Added: Jun 17 Updated: Jul 20 at 9:02PM Checked: Jul 20 at 9:02PM
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 Berlin Group
Investment Insights
Based on property information with market context.
The subject property is a single-tenant office facility fully occupied by Alorica. The asset provides approximately 58,843 square feet on about 9.97 acres and includes extensive on-site parking designed to support a large workforce. Since 2019, the tenant has invested more than $4 million in tenant-funded capital improvements.
The lease is structured as a corporate guaranteed triple-net (NNN) arrangement with the tenant responsible for real estate taxes, insurance, utilities, and interior maintenance. Landlord responsibilities are limited to roof and structure. The roof was replaced in 2019 and carries a 15-year warranty.
Approximately 6.5 years remain on the base term, with 2% annual rent increases and two, five-year renewal options. The property is located at 330 Opportunity Drive, Corpus Christi, TX 78405.
The lease is structured as a corporate guaranteed triple-net (NNN) arrangement with the tenant responsible for real estate taxes, insurance, utilities, and interior maintenance. Landlord responsibilities are limited to roof and structure. The roof was replaced in 2019 and carries a 15-year warranty.
Approximately 6.5 years remain on the base term, with 2% annual rent increases and two, five-year renewal options. The property is located at 330 Opportunity Drive, Corpus Christi, TX 78405.
Key Highlights
- Single‑tenant facility leased to Alorica, a customer experience (CX) and BPO operator
- 58,843 SF on approx. 9.97 acres in Corpus Christi, TX with extensive on‑site parking for large‑scale workforce operations
- Corporate‑guaranteed triple‑net (NNN) lease: tenant pays real estate taxes, insurance, utilities, and interior maintenance
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.32M | $22.44 |
| − Vacancy | −$196.3k | −$3.34 |
| EGI | $1.12M | $19.10 |
| − OpEx | −$281.0k | −$4.78 |
| NOI | $843.1k | $14.33 |
58,843 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$12.04M
$10.54M – $14.05M
NOI $843,066 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.00M
$12.25M – $16.33M
NOI $980,089 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alorica - Corpus Christi
Telecommunications Service
FEMA-4332-DR-TX Branch III ...
Government Office
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FAQs
What type of property is this?
Office building - Single-tenant facility leased to Alorica with corporate-guaranteed NNN terms and extensive on-site parking for large-scale operations.
Where is this office building located?
The property is located at 330 Opportunity Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $11,215,000.
What are key features of this property?
This property features: Single‑tenant facility leased to Alorica, a customer experience (CX) and BPO operator; 58,843 SF on approx. 9.97 acres in Corpus Christi, TX with extensive on‑site parking for large‑scale workforce operations; Corporate‑guaranteed triple‑net (NNN) lease: tenant pays real estate taxes, insurance, utilities, and interior maintenance
