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1737 S Staples St 26,962 SF Retail Building Corpus Christi, TX 78404 $4,800,000 ($178.03/SF)
INVESTMENT HIGHLIGHTS
- Freestanding retail space with a prime location, just four blocks from Corpus Christi's CBD and Medical District, and three blocks from the coast.
- Collaborative, dynamic retail corridor with strong co-traffic, and well-established retailers like H-E-B, 7 Brew, Walmart, and Target are nearby.
- Exceptionally accessible corner lot with four curb cuts, roughly 100 parking spaces (4/1000 ratio), and quick access to Crosstown Expressway and I-37.
- Trade area within a 5-mile radius showcases a strong purchasing power, with 139,866 residents boasting an annual consumer spending of $1,278,283,090.
EXECUTIVE SUMMARY
1737 S Staples Street presents an exclusive opportunity to secure freestanding retail space, currently home to a long-time, reputable tenant, Office Depot. Equipped with a loading dock and having undergone recent renovations, including five new air-conditioning units and a new roof, this retail space is fitted with the modern infrastructure and necessities to get started right away. This area of Corpus Christi is home to numerous nationally recognized brands and regional favorites, which underpin the corridor's desirability.
Currently on a month-to-month lease basis, the tenant will vacate once a new owner is in place or until they need to move out. Currently paying a low fee of approximately $24,000 per month, 1737 S Staples Street offers investors a compelling opportunity to earn a steady income immediately while obtaining new permits for future development.
Leverage 1737 S Staples Street's unmatched positioning, nestled in a thriving, sought-after retail hub, with a synergistic mix of businesses generating heavy cross-shopping traffic. Supplementing the heavy traffic is the city's recent $1 million investment in updating the traffic system on Staples Street, which significantly reduces travel times and ensures a smooth flow of traffic during peak hours. Boasts a central location between major arterial routes, with speedy access to the Crosstown Expressway/Highway 286, leading to either Interstate 37 or TX 358 in just five to seven minutes. Additionally, reach significant hubs, such as the Central Business District (CBD) or Corpus Christi's Medical Center, in just six minutes.
Currently on a month-to-month lease basis, the tenant will vacate once a new owner is in place or until they need to move out. Currently paying a low fee of approximately $24,000 per month, 1737 S Staples Street offers investors a compelling opportunity to earn a steady income immediately while obtaining new permits for future development.
Leverage 1737 S Staples Street's unmatched positioning, nestled in a thriving, sought-after retail hub, with a synergistic mix of businesses generating heavy cross-shopping traffic. Supplementing the heavy traffic is the city's recent $1 million investment in updating the traffic system on Staples Street, which significantly reduces travel times and ensures a smooth flow of traffic during peak hours. Boasts a central location between major arterial routes, with speedy access to the Crosstown Expressway/Highway 286, leading to either Interstate 37 or TX 358 in just five to seven minutes. Additionally, reach significant hubs, such as the Central Business District (CBD) or Corpus Christi's Medical Center, in just six minutes.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,962 SF
Building Class
B
Year Built
1998
Price
$4,800,000
Price Per SF
$178.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.89 AC
Zoning
CG-2
Parking
96 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
369’ on S Staples St
AMENITIES
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 26,925 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 26,925 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 26,925 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Walk Score®
Very Walkable (76)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
14,771
81,202
139,866
220,794
2029 Population
14,675
80,537
138,601
218,556
2024-2029 Projected Population Growth
-0.7%
-0.8%
-0.9%
-1.0%
Median Age
40.6
38.7
38.1
37.4
College Degree + Higher
16%
12%
15%
13%
Daytime Employees
8,026
63,867
108,403
143,596
Total Businesses
1,149
5,549
10,098
14,457
Average Household Income
$68,100
$60,291
$63,111
$77,444
Median Household Income
$42,367
$40,953
$45,162
$59,113
Total Consumer Spending
$142.2M
$711.1M
$1.3B
$2.1B
2024 Households
5,807
29,506
51,730
82,849
Average Home Value
$190,619
$149,873
$158,926
$217,868
PROPERTY TAXES
| Parcel Number | 266479 | Improvements Assessment | $1,012,233 |
| Land Assessment | $742,312 | Total Assessment | $1,754,545 |
PROPERTY TAXES
Parcel Number
266479
Land Assessment
$742,312
Improvements Assessment
$1,012,233
Total Assessment
$1,754,545
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Presented by
Alma Tierra Ventures LLC
1737 S Staples St
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