7602 Staples St, Corpus Christi, TX 78413-5383
- Strip malls
- 14,124 SF
- 1.79 lot acres
Current Use by Public Records
- Younger Hoffman Construction / Construction Company
- King's Donuts / Bakery / Discount Store
- Amy Willis and Associates, LLC / Real Estate Agency
- Subway / Take-out & Catering
- Richard Schmeling / Physician
Property Details for 7602 Staples St
- Year built
- 2012
- Lot size
- 1.79 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 3960-0052-0030
- APU
- 396000520030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 13, 2025 | — | Kdvs Properties LLC | Snf Staples LLC | Deed | $2.4M · Coastlife Cu |
| Oct 19, 2023 | — | Snf Staples LLC | Roya Faty Farahnakian | Deed | — |
| Aug 23, 2019 | — | Farahnakian Trust | Farahnakian,nasser & Soroush N | Correction Deed · related | — |
| Jun 17, 2019 | — | Farahnakian Trust | Farahnakian,nasser & Soroush N | Quit Claim Deed · related | — |
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.3963
- Latitude
- 27.6647
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
