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14401 S Padre Island Dr
Corpus Christi, TX 78418
Sonic · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Low Rent/Sales Ratio
- Newly Renovated in 2017
- $1,850,000 last 12 months sales
- Great Operator
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
ABOUT 14401 S PADRE ISLAND DR , CORPUS CHRISTI, TX 78418
The property, which was built in 2002, is a Sonic Drive-In restaurant situated on .9 acres. The tenant reimburses for all expenses including CAM, taxes, insurance, as well as roof and structure making it an absolute net lease. The restaurant was newly renovated in 2017 and has been increasing its sales consistently since opening. Padre Island is a popular vacation spot for Texans just outside Corpus Christi, Texas which attracts over one million people per year to the beaches, water park, fishing spots, and numerous restaurants.
PROPERTY TAXES
| Parcel Number | 200104456 | Improvements Assessment | $328,333 |
| Land Assessment | $1,087,800 | Total Assessment | $1,416,133 |
PROPERTY TAXES
