Neighborhood Shopping
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For Sale
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5702 S Staples St, Corpus Christi, TX 78413
The center is 95% occupied by an established tenant base.
Property Size65,198 SF
Price / SF$176.39
Days on Market7
Property Features for 5702 S Staples St
General Information
Standard status
Active
Size
65,198 SF
Property subtype
RETAIL
Occupancy
95%
Additional Details
Tenant in Place
Yes
Building Details
Tenancy
Multi
Listing Agency:
Structure Commercial
(214) 373-8300
Listed By:
Eric Deuillet · License #445221
(214) 466-1545
Source:
Moodyscre
Added: Oct 27
Changed: Oct 30
Last Checked: Nov 1 at 9:08AM
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 Structure Commercial
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Investment Insights
Based on property information with market context.
This neighborhood shopping center contains 65,198 square feet and is 95% occupied. Its tenant base is established, providing a current snapshot of occupancy and tenancy for the property.
The center is located at 5702 S Staples St in Corpus Christi, within the city’s retail trade corridor. No additional physical features or site details are specified.
The center is located at 5702 S Staples St in Corpus Christi, within the city’s retail trade corridor. No additional physical features or site details are specified.
Key Highlights
- 65,198‑square‑foot neighborhood shopping center
- 95% occupied
- Established tenant base
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$626,390
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,527,800
$12.5M
Cap Rate 7%
$8,948,429
$8.9M
Cap Rate 9%
$6,959,889
$7.0M
Market Conditions
NOI Build-Up for 65,198 SF
Gross rent
$978.0K $15.00/SF
− Vacancy
−$83.1K −$1.28/SF
EGI
$894.8K $13.73/SF
− OpEx
−$268.5K −$4.12/SF
NOI
$626.4K $9.61/SF
Area
ZIP 78413
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,527,800
Cap Rate 7%
$8,948,429
Cap Rate 9%
$6,959,889
Alternative Uses
Best Use
Retail
$8.95M
$7.83M – $10.44M
NOI $626,390 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$24.74M
$21.65M – $28.87M
NOI $1,732,071 @ 7.0% cap · market cap 15.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 78413, TX
37,531
Population
15,501
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,751
Density / Sq Mi
$71,624
Median Household Income
$44,342
Median Earnings
$1,321
Median Rent
$230,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Saratoga Town Center — 6418 S Staples St, Corpus Christi, TX 78414
- Cimarron Square — 2401 Cimarron Blvd, Corpus Christi, TX 78414
- Palmera mall — 6218 S Staples St, Corpus Christi, TX 78413
- The 361 — 2301 Airline Rd, Corpus Christi, TX 78414
- Meadow Oaks Shopping Center — 2222 Airline Rd, Corpus Christi, TX 78414
Frequently Asked Questions
What type of property is this?
Shopping center - The center is 95% occupied by an established tenant base.
Where is this shopping center located?
The property is located at 5702 S Staples St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 65,198‑square‑foot neighborhood shopping center; 95% occupied; Established tenant base
