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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 and later adopted the T-Mobile name after Deutsche Telekom acquired the business. The company provides wireless communications and broadband services, and its business also includes mobile devices, accessories, and expanding fiber-related offerings. T-Mobile maintains a focus on 5G, network capabilities, the mobile web, and the Internet of Things, while the company has achieved continued customer growth across wireless and broadband. T-Mobile also markets services under Metro by T-Mobile, which broadens its presence across consumer wireless segments.
| 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
Contact the Sale Advisor
2650 S Padre Islan Dr