Small Retail Center with
5620-5622 Weber Corpus Christi, TX 78411
For Sale
$550,000
Two retail storefronts with long-term tenants and a large parking area with signage in place.
Property Size3,900 SF
Price / SF$141.03
Days on Market969
Property Features for 5620-5622 Weber
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
(361) 633-9441
Listed By:
Tompkins Young Real Estate
(361) 633-9441
Source:
Xome
Added: Nov 28, 2023
Changed: Jul 23
Last Checked: Jul 23 at 11:46AM
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 Tompkins Young Real Estate
Investment Insights
Based on property information with market context.
This income-producing retail property consists of a small retail center with two separate storefront units. The buildings are currently occupied by tenants with long-term history, supporting an established operating profile. Unit 5620 Weber is approximately 1,500 square feet, and unit 5622 Weber is approximately 2,400 square feet.
The property is located on Weber Rd and presented as a high-traffic location. A large parking area with signage is in place to support customer access and on-site visibility.
Financial information is available for review, including the 2023 P&L. No survey is on file.
The property is located on Weber Rd and presented as a high-traffic location. A large parking area with signage is in place to support customer access and on-site visibility.
Financial information is available for review, including the 2023 P&L. No survey is on file.
Key Highlights
- Two retail storefronts in a small retail center on Weber Rd with long‑term tenants
- 5620 Weber is approx. 1,500 SF; 5622 Weber is approx. 2,400 SF
- Large asphalt parking area with signage in place
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 | $70.2k | $18.00 |
| − Vacancy | −$2.8k | −$0.72 |
| EGI | $67.4k | $17.28 |
| − OpEx | −$20.2k | −$5.18 |
| NOI | $47.2k | $12.10 |
3,900 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$673.9K
$589.7K – $786.2K
NOI $47,174 @ 7.0% cap · market cap 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.0K
$812.0K – $1.08M
NOI $64,958 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Floral Boutique — 4535 S Padre Island Dr Ste 4, Corpus Christi, TX 78411
- Flowers by Sid — 5802 Everhart Rd #21D, Corpus Christi, TX 78413
- Flowers By Sid - Floral Studio — 5802 Everhart Rd unit 21D, Corpus Christi, TX 78413
FAQs
What type of property is this?
Storefront property - Two retail storefronts with long-term tenants and a large parking area with signage in place.
Where is this storefront property located?
The property is located at 5620-5622 Weber Corpus Christi, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two retail storefronts in a small retail center on Weber Rd with long‑term tenants; 5620 Weber is approx. 1,500 SF; 5622 Weber is approx. 2,400 SF; Large asphalt parking area with signage in place
