Industrial Facility with Drive-Thru Wash
6944 Leopard Street Corpus Christi, TX 78409
For Sale
Contact for pricing
Modern 2012 industrial facility with office buildout, cranes, and a covered drive-thru wash bay plus extensive fenced yard.
Property Size9,900 SF
Lot Size2.00 Acres
Price / SF$184.34
Days on Market99
Property Features for 6944 Leopard Street
General Information
- Standard status
- Active
- Size
- 9,900 SF
- Lot size
- 2.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2012
Listing Agency:
Cravey Real Estate Services Inc
(361) 289-5168
Listed By:
Matthew Cravey · License #TX 0409080
Source:
Crexi
Added: Apr 17
Changed: Jul 23
Last Checked: Jul 23 at 5:17PM
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
Investment Insights
Based on property information with market context.
Built in 2012, this 9,900 SF industrial facility is designed for light industrial and related operations, featuring a functional split between office and warehouse space. The property includes 2,400 SF of office space with private offices, a conference room, and a break area, with office furniture conveying with the sale (8–9 desks, a large conference table, and a few kitchen tables). The 6,000 SF warehouse is supported by a 5-ton overhead crane, along with a 1,500 SF covered, drive-thru wash bay that includes an additional 2-ton crane.
A fully fenced site supports operational flexibility with extensive improvements, including 43,000+ SF of concrete paving and an additional ±24,000 SF of stabilized yard. Multiple grade-level overhead doors are located on both sides and the rear, supporting efficient drive-thru access and workflow. The property is positioned outside the flood plain.
Located in the city’s west side industrial corridor along Leopard Street, the facility provides convenient access to major thoroughfares and sits among surrounding industrial users.
A fully fenced site supports operational flexibility with extensive improvements, including 43,000+ SF of concrete paving and an additional ±24,000 SF of stabilized yard. Multiple grade-level overhead doors are located on both sides and the rear, supporting efficient drive-thru access and workflow. The property is positioned outside the flood plain.
Located in the city’s west side industrial corridor along Leopard Street, the facility provides convenient access to major thoroughfares and sits among surrounding industrial users.
Key Highlights
- 2012‑built 9,900 SF industrial facility on 2 acres, featuring 2,400 SF office and 6,000 SF warehouse
- Warehouse includes a 5‑ton overhead crane, plus an additional 2‑ton crane in the covered drive‑thru wash bay
- Fully fenced site with extensive improvements: 43,000+ SF concrete paving and ±24,000 SF stabilized yard
Financial Insights For Office B
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 | $222.2k | $22.44 |
| − Vacancy | −$33.0k | −$3.34 |
| EGI | $189.1k | $19.10 |
| − OpEx | −$47.3k | −$4.78 |
| NOI | $141.8k | $14.33 |
9,900 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.03M
$1.77M – $2.36M
NOI $141,841 @ 7.0% cap · market cap 7.77%
Second Best
Flex RnD
$1.49M
$1.30M – $1.74M
NOI $104,247 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $164,894 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Black Gold Rental ...
Rental Equipment Company
FAQs
What type of property is this?
Flex space - Modern 2012 industrial facility with office buildout, cranes, and a covered drive-thru wash bay plus extensive fenced yard.
Where is this flex space located?
The property is located at 6944 Leopard Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 2012‑built 9,900 SF industrial facility on 2 acres, featuring 2,400 SF office and 6,000 SF warehouse; Warehouse includes a 5‑ton overhead crane, plus an additional 2‑ton crane in the covered drive‑thru wash bay; Fully fenced site with extensive improvements: 43,000+ SF concrete paving and ±24,000 SF stabilized yard
