4701 Staples St Corpus Christi, TX 78411-2608

This exceptional investment opportunity presents a fee-simple ownership (land and building) of a 39,000 square foot Urban Air Adventure Park in Corpus Christi, Texas. The property boasts a brand-new 10-year triple-net (NNN) lease with UA Texas LLC, commencing September 1, 2024, and expiring August 31, 2034. The lease includes a 5% rental increase in 2029, ensuring consistent NOI growth and inflation protection. With a current NOI of $462,000 and an asking price of $6,372,000, this property offers a compelling 7.25% cap rate. The property, built in 1968 and renovated in 2023, sits on a 3.32-acre lot with 171 parking spaces and is zoned CG-2 General Commercial. Its prime location at 4701 S Staples St, in a high-traffic area with over 37,600 vehicles passing daily, benefits from proximity to major retail centers like Moore Plaza (including Target and H-E-B) and La Palmera Shopping Mall. The strong tenant synergy and affluent demographics (average household income of $91,042 within a 5-mile radius) contribute to the property's exceptional investment potential. The 100% occupancy rate further solidifies its financial strength. This is a low-management investment opportunity with significant upside potential.