5301 Everhart Rd Corpus Christi, TX 78411-4847
- Strip malls
- 38,544 SF
- 2.43 lot acres
Current Use by Public Records
- Trophyland / Trophy Shop / Engraver
- Quasars Arcade / Video Arcade
- Sherwin-Williams Paint Store / Paint Store / Home Improvement Store
- Texas Tees Monthly / Clothing Store
- IBC Bank ATM / Atm
Property Details for 5301 Everhart Rd
- Year built
- 1977
- Lot size
- 2.43 lot acres
- Property size
- 38,544 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 4370-0004-0260
- APU
- 437000040260
Description
Sun Plaza offers exceptional retail opportunities in Corpus Christi, Texas, situated at the highly visible hard corner of Everhart Road and Corona Drive. This prime location boasts impressive daily traffic counts exceeding 35,000 vehicles at the lighted intersection, and over 137,000 vehicles daily on the adjacent S Padre Island Drive, a major artery for the city. The center is anchored by a Sherwin Williams, providing strong existing tenancy and a stable environment for new businesses. Multiple spaces are available, ranging in size from 1,800 square feet to 6,000 square feet, offering flexibility for various retail concepts or restaurants. The property's prominent location and high visibility make it an ideal choice for businesses seeking to establish a strong presence in a thriving Corpus Christi market. A significant redevelopment project is underway at the center, further enhancing its appeal and future prospects. This presents a unique opportunity for businesses to capitalize on the increased foot traffic and visibility that this revitalization will bring. The property's multiple tenancy structure provides a diverse and vibrant atmosphere, attracting a wide range of customers. This is a rare chance to secure a space in a well-established and rapidly developing retail center in a key location within Corpus Christi.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,200,000
- 6.5%
- $1,235,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,290,000
- Geo Method
- $1,090,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,015,000
- Retail
- $1,275,000
- Mixed-Use
- $1,350,000
- Hospitality
- $1,080,000
- Educational
- $1,135,000
- Residential Income
- $1,010,000
- Energy
- $1,360,000
- Income-Based Land
- $1,155,000
- Food Service
- $975,000
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.387
- Latitude
- 27.712
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
