2626 So. Padre Is Dr Corpus Christi, TX 78415
- Lifestyle centers
- 9,800 SF
- 0.60 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2626 So. Padre Is Dr
- Lot size
- 0.60 lot acres
- Property size
- 9,800 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4226
- Latitude
- 27.734
