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615 N Upper Broadway St
Corpus Christi, TX 78401
Broadway Tower · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity With Below Market Rents
  • Easy Access to Major Thoroughfares
  • Significantly priced below replacement cost
  • Numerous Renovations and Upgrades
  • Located in Downtown Corpus in the Financial Distrcit

PROPERTY FACTS

Property Type
Office
Building Size
305,555 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1965
Tenancy
Multiple
Building Height
20 Stories
Typical Floor Size
25,462 SF
Slab To Slab
8’
Building FAR
5.08
Lot Size
1.38 AC
Zoning
CBD - Central Business District
Parking
1,029 Spaces (3.37 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Skyway
  • Storage Space
  • Air Conditioning

ABOUT 615 N UPPER BROADWAY ST , CORPUS CHRISTI, TX 78401

Prominently situated in the heart of the Financial District (Uptown), Wells Fargo Tower is walking distance from the County Courthouse, convention hotels, beaches, restaurants and retail amenities. The surrounding area is home to many large financial institutions with the largest law firms, stockbrokers, independent oil companies and government entities. Wells Fargo Tower is phenomenally located with immediate access to the City's major thoroughfares including: Interstate 37, US 181 and the Crosstown Expressway, and is only twelve minutes from Corpus Christi International Airport. Wells Fargo Tower is currently 76.12 percent occupied and is anchored by a national credit tenant, Wells Fargo Bank. This project is ideal for an owner looking for great cash flow, and the ability to create value through increasing rental rates and leasing remaining vacant spaces. Texas is an income-tax-free state, providing additional benefits for investment. This type of asset is appealing to banks and financial institutions, and debt quotes are available

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 290497
  • 196777
Land Assessment
$754,980
Improvements Assessment
$6,617,017
Total Assessment
$7,371,997
  • Listing ID: 18886056

  • Date on Market: 3/16/2020

  • Last Updated:

  • Address: 615 N Upper Broadway St, Corpus Christi, TX 78401

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