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    4202 Santa Elena St Corpus Christi, TX 78405

    For Sale
    Contact for pricing

    Modern, 39,846 SF manufacturing facility, 7.3 years remaining lease.

    Property size:
    39,846 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a fully occupied, 39,846-square-foot industrial facility ideally situated in Corpus Christi, Texas, at 4202 Santa Elena St, 78405. The property comprises two buildings constructed in 2021 and 2023, situated on a 3.83-acre lot. The facility boasts a 32-foot ceiling height and is currently 100% occupied under a single-tenant, absolute NNN lease with a remaining term of 7.3 years, commencing November 1, 2021, and expiring August 31, 2034. The lease features a desirable 3% annual rent increase, ensuring consistent income growth. This crane-served manufacturing park is strategically located within Corpus Christi's Western submarket, offering excellent access to transportation and logistical networks. The property is classified as an industrial building with manufacturing and warehouse subtypes. There are no lease options available. This is a net lease investment with no ground lease involved. The property's high occupancy rate and long-term lease provide a stable and attractive investment opportunity for discerning buyers seeking a secure, income-generating asset in a thriving Texas market.

    Property Features for 4202 Santa Elena St

    General Information

    Property type
    Distribution properties
    Square Feet
    39,846 SF
    Lot Size
    166,835 SF

    Building Details

    Year Built
    2021
    Buildings
    2

    HighLights

    • Net lease industrial property in Corpus Christi, TX.
    • Single‑tenant, 39,846 SF manufacturing/warehouse facility.
    • Absolute NNN lease with 7.3 years remaining, 3% annual rent bumps.
    • Two buildings, built in 2021 and 2023, situated on 3.83 acres.
    • 100% occupancy since November 1, 2021; 32' ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    WELDFIT Services Warehouse

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4410933
    Latitude
    27.7794358

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    FAQs

    What type of property is this?
    Distribution property - Modern, 39,846 SF manufacturing facility, 7.3 years remaining lease.
    Where is this distribution property located?
    The property is located at 4202 Santa Elena St Corpus Christi, TX.
    What are key features of this property?
    This property features: Net lease industrial property in Corpus Christi, TX.; Single-tenant, 39,846 SF manufacturing/warehouse facility.; Absolute NNN lease with 7.3 years remaining, 3% annual rent bumps.
    Request Owner's contact information
    4202 Santa Elena St Corpus Christi, TX 78405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4202 Santa Elena St Corpus Christi, TX 78405
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