4221 S Padre Island Dr | Corpus Christi, TX 78411
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4221 S Padre Island Dr
Corpus Christi, TX 78411
Absolute NNN Ground Leased Outback Steakhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease – Zero Landlord Responsibilities
- Below Market Rent
- Established Location – Tenant Renewed 5-Year Option Early
- Corporate Guarantee – Leased to Outback Steakhouse, a Leading Full-Service Restaurant Brand with 1K+ Locations in 23 Countries and $3.95B in Revenueu
- Strong Commitment to Site and Excellent Unit Level Performer, Supported by Major Renovation at Tenant’s Expense
- High-Traffic Corridor – 21,000+ VPD on S Padre Island Dr; 111,000+ VPD on TX- 358
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,717 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.33 AC
Zoning
IL - "IL zoning" in Nueces County, Texas likely refers to an "I-1 Light Industrial Zone
Parking
125 Spaces (18.61 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 200096504 | Improvements Assessment | $874,409 |
| Land Assessment | $695,218 | Total Assessment | $1,569,627 |
PROPERTY TAXES
Parcel Number
200096504
Land Assessment
$695,218
Improvements Assessment
$874,409
Total Assessment
$1,569,627
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