Retail Space For Lease @ 9929 S Padre Island Dr, Corpus Christi, TX 78418

9929 S Padre Island Dr, Corpus Christi, TX 78418

Photo of 9929 S Padre Island Dr, Corpus Christi, TX 78418

Listing Details

18,250 SF -100% Fully Occupied Shopping Center
Approximately $115.00/SF Purchase-Below Replacement Cost

CAP RATE -7.00% on projected NOI for 2022
Upside with Average Rental Rates-$11.00/SF/year with a mixture of NNN and Gross leases.
Well maintained property.
Complete concrete parking lot.
Ample parking front and back.
Casa Vieja Jalisco has a drive through.
Direct Signage to S Padre Island with pylon signage.
Total GAF shingle roof replacement after Harvey in 2017/2018 and has warranty on the materials. GAF is North America's largest roofing maufacturer. More information available. This space offers accomodations for: street retail.

Pricing: Negotiable

Availability: Now

Listing ID: 3093035

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Rate: Contact for price

Type: Retail Space

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