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1949 S Padre Island Dr 6,670 SF Retail Building Corpus Christi, TX 78416 $3,275,000 ($491.00/SF)
Executive Summary
Property includes Fuddruckers Restaurant building with 2.0885 acres of land. Restaurant building sits on approximately 1.38 acres of land. Remaining acreage of approximately 30,927 square feet fronts SPID and could be separately plated out for ground lease or pad site sale.
The property has cross access with Walmart and all adjoining restaurants and retailers.
Please call for information on regarding the tenant lease. All information on is con?dential. There are opportunities for continuation of current lease or owner occupant use of restaurant building.
Located on SPID near Crosstown Expressway.
Area development includes restaurants, retail, banking, hotel/motel and entertainment. Neighboring merchants include Fuddruckers, Texas Road House, Bu?alo Wild Wings, Ichiban, IHOP, Candlewood Suites, Walmart, and Discount Tire.
The property has cross access with Walmart and all adjoining restaurants and retailers.
Please call for information on regarding the tenant lease. All information on is con?dential. There are opportunities for continuation of current lease or owner occupant use of restaurant building.
Located on SPID near Crosstown Expressway.
Area development includes restaurants, retail, banking, hotel/motel and entertainment. Neighboring merchants include Fuddruckers, Texas Road House, Bu?alo Wild Wings, Ichiban, IHOP, Candlewood Suites, Walmart, and Discount Tire.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,670 SF
Building Class
B
Year Built
2004
Price
$3,275,000
Price Per SF
$491.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.09 AC
Zoning
B-4
Parking
50 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
70’ on PADRE ISLAND DR
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 200102956 | Improvements Assessment | $1,228,250 |
| Land Assessment | $727,792 | Total Assessment | $1,956,042 |
Property Taxes
Parcel Number
200102956
Land Assessment
$727,792
Improvements Assessment
$1,228,250
Total Assessment
$1,956,042
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1949 S Padre Island Dr
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