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606 N Carancahua St
Corpus Christi, TX 78401
Wilson Plaza · Office Property For Sale
Investment Highlights
- Lender-Owned Asset (REO): Opportunity to purchase at a significant discount to replacement cost.
- Located in the heart of Downtown Corpus Christi’s CBD, Wilson Plaza has been an iconic city landmark for almost 100 years.
- Strong credit tenants such as oil and gas companies, and local and federal government offices with a mix of month-to-month and long-term tenants.
- Qualified Opportunity Zone property with preferential tax treatment available.
- Eligible for Historic Tax Credits, LIHTC, PACE and within the city’s Tax Increment Reinvestment Zone (TIRZ).
- The property is surrounded by multiple area amenities, including numerous entertainment venues, restaurants, parks, and professional services.
Property Facts
Property Type
Office
Building Size
280,711 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1927
Tenancy
Multiple
Building Height
16 Stories
Typical Floor Size
17,544 SF
Slab To Slab
10’
Building FAR
3.56
Lot Size
1.81 AC
Zoning
B-6 - Business
Parking
564 Spaces (1.82 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Convenience Store
- Property Manager on Site
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,801,479 | |
| Land Assessment | $548,521 | Total Assessment | $4,350,000 |
Property Taxes
Parcel Numbers
Land Assessment
$548,521
Improvements Assessment
$3,801,479
Total Assessment
$4,350,000
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