722 S Padre Island Dr | Corpus Christi, TX 78416
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This Industrial Property is no longer advertised on LoopNet.com.
722 S Padre Island Dr
Corpus Christi, TX 78416
Trucker's Equipment Portfolio · Industrial Property For Sale

INVESTMENT HIGHLIGHTS
- NNN Lease – Provides in-or out of state investors passive income with no landlord responsibilities
- E-Commerce Resistant – Industrial properties show strong growth trends as the emergence of e-commerce bolstered the demand for industrial sites.
- Rental Increases - 10 % Increases are proposed in the option periods to hedge against inflation
- Product Type – Industrial Assets are one of the most attractive product types for investors nationwide.
- Long Term Lease -New 10-year lease that will commence at the close of escrow
- Income Tax-Free State
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1966 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.83 AC | Clear Ceiling Height | 21’ |
| Rentable Building Area | 54,430 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | LI- Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.83 AC |
| Rentable Building Area | 54,430 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LI- Light Industrial |
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
LINKS
PROPERTY TAXES
| Parcel Number | 236102 | Improvements Assessment | $2,464,808 |
| Land Assessment | $577,932 | Total Assessment | $3,042,740 |
PROPERTY TAXES
Parcel Number
236102
Land Assessment
$577,932
Improvements Assessment
$2,464,808
Total Assessment
$3,042,740
Listing ID: 24855090
Date on Market: 1/17/2022
Last Updated:
Address: 722 S Padre Island Dr, Corpus Christi, TX 78416
The Downtown Corpus Christi Industrial Property at 722 S Padre Island Dr, Corpus Christi, TX 78416 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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