Occupied Storefront Retail
For Sale
$550,000
56205622 Weber, Corpus Christi, TX 78411
Two adjoining retail suites provide an established commercial footprint within a small center with on-site parking and existing signage.
Property Size3,900 SF
Price / SF$141.03
Days on Market250
Property Features for 56205622 Weber
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Retail
Amenities
Central Air, Gas
Asphalt.
Other
Level
100x150
Gated Community, Other, Level.
Building Details
Year Built
1965
Stories
1
Listing Agency:
(361) 633-9441
Listed By:
Tompkins Young Real Estate
(361) 633-9441
Source:
Xome
Added: Dec 25, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:40PM
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 storefront property comprises two adjoining commercial spaces at 5620 Weber Rd. and 5622 Weber Road, totaling approximately 3,900 square feet. The individual buildings measure approximately 1,500 square feet and 2,400 square feet, respectively. Both spaces are currently occupied and have a long-term rental history. Interior improvements include central air and gas service.
The property is positioned within a small retail center on Weber Road in Corpus Christi. Site features include a large asphalt parking area, existing signage, level terrain, and a gated setting. The parcel measures 100x150, and the improvements were built in 1965.
The property is positioned within a small retail center on Weber Road in Corpus Christi. Site features include a large asphalt parking area, existing signage, level terrain, and a gated setting. The parcel measures 100x150, and the improvements were built in 1965.
Key Highlights
- Approximately 3,900 square feet across two adjoining storefront properties
- 5620 Weber Rd. measures approximately 1,500 square feet; 5622 Weber Road measures approximately 2,400 square feet
- Currently occupied with a long‑term rental history
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,174
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,480
$943.5K
Cap Rate 7%
$673,914
$673.9K
Cap Rate 9%
$524,156
$524.2K
Market Conditions
NOI Build-Up for 3,900 SF
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.
Gross rent
$70.2K $18.00/SF
− Vacancy
−$2.8K −$0.72/SF
EGI
$67.4K $17.28/SF
− OpEx
−$20.2K −$5.18/SF
NOI
$47.2K $12.10/SF
Area
Corpus Christi, TX
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,480
Cap Rate 7%
$673,914
Cap Rate 9%
$524,156
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78411, TX
26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two adjoining retail suites provide an established commercial footprint within a small center with on-site parking and existing signage.
Where is this storefront property located?
The property is located at 56205622 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: Approximately 3,900 square feet across two adjoining storefront properties; 5620 Weber Rd. measures approximately 1,500 square feet; 5622 Weber Road measures approximately 2,400 square feet; Currently occupied with a long‑term rental history
