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Property profile

12259 Leopard St Corpus Christi, TX 78410

OFF-MARKET
Land
2.84 ac lot
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Property summary

AI-generated overview

This exceptional retail opportunity presents 148,812 square feet of vacant space within the prestigious Twelve Oaks Mall in Novi, Michigan. Located in Oakland County, this single-tenant property sits on an expansive 11.03-acre lot and boasts a two-story building. The property is zoned R-C, offering significant flexibility for a variety of retail uses. With ample parking (5 spaces per 1,000 square feet), this location ensures convenient access for customers. The building's strategic placement at the mall's busiest entrance guarantees high visibility and foot traffic. Twelve Oaks Mall itself is a major regional shopping destination, part of the Simon/Taubman portfolio, attracting shoppers from across the region. Novi is a highly affluent community and a strong super-regional draw, benefiting from its proximity to multiple power centers, entertainment venues, and major employers. The property's exceptional location offers unparalleled accessibility, situated just off heavily traveled I-96 and within three miles of four major highway interchanges (I-96, I-696, I-275, and M-5). This prime location provides easy access for customers traveling from all directions within a 20-minute radius. This presents a unique chance to establish a significant retail presence in a thriving market. The sheer size and prime location of this property make it an unparalleled investment opportunity.

Property profile

Verified
Property type Land
Lot 2.84 ac (123,710 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12259 Leopard St Corpus Christi, TX 78410
Corpus Christi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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