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2650 S Padre Islan Dr 24,000 SF 100% Leased Retail Building Corpus Christi, TX 78415 $2,927,620 ($121.98/SF) 8.34% Cap Rate
Investment Highlights
- South Padre Island Drive Frontage
Executive Summary
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Appliances For Less
- Retailer
- 10,000 SF
- -
- -
- Escapes
- Retailer
- 4,000 SF
- -
- -
-
- Information
- 10,000 SF
- -
- -
T-Mobile began in 1994 as VoiceStream Wireless, a business built on GSM-based personal communications services. The company later became part of Deutsche Telekom and adopted the T-Mobile brand, then expanded through the MetroPCS merger, the Sprint acquisition, and later additions such as Mint Mobile and Ultra Mobile. The company offers wireless voice, messaging, data, fixed telephony, wireless broadband, broadband internet services, and IoT solutions across a broad U.S. customer base. T-Mobile centers its network strategy on nationwide 5G and related advanced network capabilities.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Appliances For Less | Retailer | 10,000 SF | - | - | ||
| Escapes | Retailer | 4,000 SF | - | - | ||
|
|
Information | 10,000 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
+/- 8,000 SF of showroom and 2,000 SF of warehouse space ( all or part ) available on the heavily traveled SPID. Excellent location between Weber and Kostoryz with superior highway visibility. Currently Freedom Furniture and would consider keeping the warehouse should potential user only need the front showroom area. Prime location for most any retail use!
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,000-10,000 SF | Retail | - | Now |
1st Floor
| Size |
| 8,000-10,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 8,000-10,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
+/- 8,000 SF of showroom and 2,000 SF of warehouse space ( all or part ) available on the heavily traveled SPID. Excellent location between Weber and Kostoryz with superior highway visibility. Currently Freedom Furniture and would consider keeping the warehouse should potential user only need the front showroom area. Prime location for most any retail use!
Nearby Major Retailers
Property Taxes
| Parcel Number | 272240 | Improvements Assessment | $1,275,975 |
| Land Assessment | $590,625 | Total Assessment | $1,866,600 |
Property Taxes
Presented by
2650 S Padre Islan Dr
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