5101 Leopard & 549 Navigation, Corpus Christi, TX 78408
8,294 SF retail space available in Corpus Christi, TX.
- Added:
- Nov 11, 2020
- Days on Market:
- 2055
- Last Refresh:
- May 19 at 9:18 pm
Property Features for 5101 Leopard & 549 Navigation
General Information
- Standard status
- Active
- Size
- 8,294 SF
- Property subtype
- Retail
Listing office Cravey Real Estate Services Inc (361) 289-5168
Listing date Nov 11, 2020
Source Crexi
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
HighLights
- Retail Property
- 8,294 SF
Overview
Local Financial Insights For Retail
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 | $149.3k | $18.00 |
| − Vacancy | −$6.0k | −$0.72 |
| EGI | $143.3k | $17.28 |
| − OpEx | −$43.0k | −$5.18 |
| NOI | $100.3k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.454077
- Latitude
- 27.809406
