3329 Leopard St Corpus Christi, TX 78408
Property profile & analytics
3329 Leopard St, Corpus Christi, TX 78408
- Turn key restaurants
- 2,255 SF
- 0.63 lot acres
Property ID
US82-5192987
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 3329 Leopard St
- Year built
- 1944
- Lot size
- 0.63 lot acres
- Zone code
- B-5
- Property type
- Turn key restaurants
- APN
- 0455-0012-0010
- APU
- 45500120010
Description
This exceptional investment opportunity presents a fee-simple ownership of a Starbucks located at 3329 Leopard St, Corpus Christi, TX 78408. The 2,230 square foot building, constructed in 2024, sits on a 0.62-acre lot and boasts a prime location across from an H-E-B grocery store. The property benefits from a strong 100% occupancy rate with a corporate guarantee from Starbucks, the world's largest coffeehouse chain. The current lease, a Net Lease (NN) agreement, commenced March 16, 2024, and extends for a total of 10 years, with a remaining term of approximately 9.4 years. The lease includes four 5-year renewal options, each with an 8% rent increase. This translates to a substantial 6.00% cap rate and a Net Operating Income (NOI) of $118,500. The asking price is $1,975,000, resulting in a price per square foot of $885.65. The property's strategic location near the intersection of Nueces Bay Blvd and Leopard St, with easy access to Interstate-37 (46,000+ vehicles per day), and its proximity to Corpus Christi International Airport (5 miles) and a high-density residential area (almost 100,000 residents within 5 miles), ensures strong tenant performance and long-term value. The property's robust demographics, combined with the built-in rent escalations, make this a compelling investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4276
- Latitude
- 27.7964
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,440
$68,607
$325,110
$393,717
-
$68,607
$325,110
$393,717
