Neighborhood Shopping
4200-4258 S Alameda St., Corpus Christi, TX 78412
For Sale
New
Contact for pricing
A daily-needs retail center with Spec's as its anchor and H-E-B nearby as a shadow anchor.
Property Size82,572 SF
Price / SF$202.97
Days on Market7
Property Features for 4200-4258 S Alameda St.
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Corner Location
Anchor Co-Tenants
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Northmarq - Houston
Listed By:
Drew Reinking · License TX #545841
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:56PM
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 Northmarq - Houston
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Investment Insights
Based on property information with market context.
Town & Country Shopping Center is an 82,572-square-foot neighborhood retail center with 19 daily-needs tenants. Spec's anchors the property, while H-E-B serves as a nearby shadow anchor. Occupancy is 92.3%, and a new 60-mil TPO roof was installed in 2024.
The center occupies the signalized intersection of S. Alameda St. and Everhart Rd. in Corpus Christi's established Bayside neighborhoods. A Walmart Supercenter is 0.7 mile away. Current tenants include Conviva (Humana), Schlotzsky's, Subway and HOTWORX.
The center occupies the signalized intersection of S. Alameda St. and Everhart Rd. in Corpus Christi's established Bayside neighborhoods. A Walmart Supercenter is 0.7 mile away. Current tenants include Conviva (Humana), Schlotzsky's, Subway and HOTWORX.
Key Highlights
- 82,572‑square‑foot neighborhood shopping center
- 92.3% leased with 19 daily‑needs tenants
- Anchored by Spec's and shadow‑anchored by H‑E‑B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,105,329
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,106,580
$22.1M
Cap Rate 7%
$15,790,414
$15.8M
Cap Rate 9%
$12,281,433
$12.3M
Market Conditions
NOI Build-Up for 82,572 SF
Gross rent
$1.64M $19.92/SF
− Vacancy
−$65.8K −$0.80/SF
EGI
$1.58M $19.12/SF
− OpEx
−$473.7K −$5.74/SF
NOI
$1.11M $13.39/SF
Area
ZIP 78412
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,106,580
Cap Rate 7%
$15,790,414
Cap Rate 9%
$12,281,433
Alternative Uses
Best Use
Retail
$15.79M
$13.82M – $18.42M
NOI $1,105,329 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.21M
$17.69M – $23.58M
NOI $1,414,954 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
92.3%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78412, TX
38,783
Population
16,874
Households
2.3
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
4,510
Density / Sq Mi
$60,509
Median Household Income
$32,154
Median Earnings
$1,242
Median Rent
$188,500
Median Home Value
Market
Average Price Trend$/SF for Shopping centers in Corpus Christi, TX
Properties on Market for Shopping centers in Corpus Christi
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Meadowbrook Plaza — 4703 S Alameda St, Corpus Christi, TX 78412
- Parkdale Plaza — 4119 S Staples St, Corpus Christi, TX 78411
- Quick-Tag — walmart supercenter, 4109 s staples st, corpus christi, tx 78411
- Carmel Village — 4100-4128 S Staples St, Corpus Christi, TX 78411
- Wal-mart CC With Gas — 4101 S Staples St, Corpus Christi, TX 78411
Frequently Asked Questions
What type of property is this?
Shopping center - A daily-needs retail center with Spec's as its anchor and H-E-B nearby as a shadow anchor.
Where is this shopping center located?
The property is located at 4200-4258 S Alameda St. Corpus Christi, TX.
What is the asking price?
The asking price for this property is $16,760,000.
What are key features of this property?
This property features: 82,572‑square‑foot neighborhood shopping center; 92.3% leased with 19 daily‑needs tenants; Anchored by Spec's and shadow‑anchored by H‑E‑B
