2626 So. Padre Is Dr Corpus Christi, TX 78415
This exceptional Corpus Christi retail investment opportunity presents a 9,800 square foot shopping center situated on a 0.6-acre lot (26,250 square feet) at 2626 & 2632 South Padre Island Drive, zip code 78415. The property boasts a highly desirable location with exceptional visibility and impressive daily traffic counts of 120,777 vehicles per day, according to TxDOT data. Currently occupied by a long-term tenant, Furniture for Less, this net lease property offers a stable income stream with a pro-forma Net Operating Income (NOI) of $120,000. The property is classified as both a shopping center and storefront, providing versatility and potential for future development or expansion. This is an excellent opportunity for investors seeking a strong performing asset in a high-traffic area of Corpus Christi, Texas. The property's size and location make it an attractive investment for both seasoned and new investors. Contact us today for pricing and additional information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.