7602 Staples St Corpus Christi, TX 78413-5383

This exceptional 14,000 square foot shopping center in Corpus Christi, Texas, presents a compelling value-add investment opportunity. Built in 2012, the single-story, 100% occupied property sits on a 1.8-acre lot at 7602 S Staples St, 78414, boasting a current NOI of $260,100 and a 7.65% cap rate. Pro-forma projections indicate a significant increase in NOI to $300,000 and an 8.82% cap rate, reflecting the potential for rental growth. The property's prime location offers high traffic counts and easy access to major highways, ensuring strong tenant performance and attracting a diverse customer base. The multi-tenant structure provides stability and diversification, while the NNN lease structure minimizes landlord responsibilities. This is an ideal acquisition for investors seeking a stabilized asset with substantial upside potential in a thriving Texas market. The property features one building and is currently 100% occupied. The asking price is $3,400,000.