Waldron Rd. @ Knickerbocker, Corpus Christi, TX 78418

Starting Ground Lease Rental- $55,000.00 per year NNN with bumps every 5 years. Minimum Lease Term: 10 years Utilities: Sewer Line will be stubbed to the property and electricity, water and gas service shall be available in easements adjoining the property. All construction plans will be approved by Landlord and upon expiration of lease, title to all improvements will automatically vest in Landlord. Deed Restricted against HAMBURGERS. See attached zoning map-Zoned CG2. Can be verified with City of Corpus Christi

Property has an old gas gathering line and potential drill site which may be abandoned (needs further investigation). Property had an electrical easement as shown per attached plat. Zoned CG-2 as per map and will require zoning change. Legal Description: Island Business Center Lot 1-E, Block C.