7698 S Padre Island Dr, Corpus Christi, TX 78412
Retail space with corporate lease in affluent area.
- Added:
- Mar 13, 2026
- Days on Market:
- 108
- Last Refresh:
- Mar 19 at 11:21 pm
Property Features for 7698 S Padre Island Dr
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing office Berkeley Capital Advisors Charlotte
Listing date Mar 13, 2026
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 Berkeley Capital Advisors Charlotte
HighLights
- Great Visibility for your business.
- Located Inside Dense Retail Corridor, ensuring high foot traffic.
- Corporate Lease in place.
- Affluent Area, attracting a desirable customer base.
- Year Built: 2013.
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 | $259.0k | $19.92 |
| − Vacancy | −$10.4k | −$0.80 |
| EGI | $248.6k | $19.12 |
| − OpEx | −$74.6k | −$5.74 |
| NOI | $174.0k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.332993
- Latitude
- 27.690829
