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Property profile & analytics
FOR LEASE
Strip malls

1620 S Padre Island Dr Corpus Christi, TX 78416

91,015 SF 9.53 ac lot Built 2000
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US82-0106619
Property summary
AI-generated overview

This exceptional Corpus Christi property, located at 1620 S Padre Island Dr (near S Padre Island Dr), offers a diverse range of retail and restaurant spaces within a 101,161 square foot shopping center built in 1999. Currently, there are 15,934 square feet of vacant space available, divisible into units as small as 1,360 square feet, with a maximum contiguous space of 5,000 square feet. The center boasts a strong tenant mix including WellMed, Dollar Tree, Domino's Pizza, Ocean Dental, Cricket Wireless, and First Cash Pawn. Additional space will become available after January 2025, comprising approximately 7,990 square feet of former Armed Forces Recruiting Office space, divisible into four individual suites with shared restrooms and break rooms. This 7,990 square foot space can be leased independently or combined with an adjacent 4,861 square foot vacant space for a total of 12,851 square feet. The property is situated in Nueces County, Texas, zip code 78416. Attractive incentives and tenant finish allowances are available for qualified tenants. This presents a unique opportunity for businesses seeking high-visibility locations in a thriving Corpus Christi retail corridor. The property consists of five total suites. Contact us today to explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Total area 91,015 SF
Lot 9.53 ac (414,909 SF)
Zoning code B-4
APN 8950-0001-0060
UPID US82-0106619
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Army Recruiting Company Corpus Christi Army Facility Federal Government Office
  • Identogo Fingerprinting Service
  • Subway Take-out & Catering
  • Las Espuelas Restaurant
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.45M
Owner & transaction history
South Coast Plaza LLC · 18 yrs held
South Coast Plaza LLC
since 2008
6 recorded transactions
2017
Price N/A
2008
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-4 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $5.0M +23.0%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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