7001 Yorktown Blvd Corpus Christi, TX 78414-5869
This exceptional 17,400-square-foot retail center, built in 2022, offers multiple suite options in Corpus Christi, Texas, at 7001 Yorktown Blvd, zip code 78414. The property features four suites, with a minimum divisible space of 1,225 square feet and a maximum contiguous space of 4,500 square feet. The space is a first-generation, grey shell, requiring tenant build-out. A generous tenant allowance of $26.00 per square foot is provided. However, tenants are responsible for constructing restrooms, HVAC systems, demising walls, sprinkler heads, electrical work, drop ceilings, and all other construction-related aspects. A minimum five-year primary lease term is required. The center boasts excellent visibility on Yorktown Boulevard, directly across from the new Del Mar College Southside Campus. This campus, spanning 96 acres, includes 250,000 square feet of buildings housing classrooms, offices, a library, and specialized facilities for science, technology, engineering, math, hospitality, and culinary arts. Further enhancing the location's appeal is the recently constructed Creekside Elementary School, a 1,000-student campus located nearby on Starry Lane. The area's growth is further supported by planned new single-family homes. This prime location presents a unique opportunity for various tenants, including restaurants, salons, medical offices, general retail businesses, and other suitable enterprises.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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