2000 S Padre Island Dr
Corpus Christi, TX 78416
South Texas Vocational Technical Institute · Specialty Property For Sale · 29,186 SF

INVESTMENT HIGHLIGHTS -- 7 years remaining on the current primary term with lease extension pending for new 10-year term -- Strong location with ±13.9% year-over-year increase in total revenue from 2016 to 2017 -- Corporate guarantee from parent company with annual rent increases providing strong hedge against inflation -- With more than 40 years of career focused education, STVT provides a diverse educational offering from healthcare and wellness to skilled trades -- Trade schools provide a hedge during economic dips as they often see spikes in attendance -- Tenant has been operating at the location since 2007 and has expanded at the location LOCATION HIGHLIGHTS -- Located across the street from a Walmart Supercenter and AMC Theatres -- Next to the Corpus Christi Bay, with dense neighborhoods surrounding the property and over 197,000 residents within a 5-mile radius -- Strong employment corridor includes nearly 116,000 daytime employees within a 5-mile radius -- Property is located just off the full diamond freeway interchange of State Highway 358 and State Highway 286, with ±114,245 vehicles per day and ±104,959 vehicles per day respectively