821 Staples St
Corpus Christi, TX 78404
Retail Property For Sale

Concrete block construction. Remodeled in 2016. New air conditioning units for the entire building, inside and out (2016). New electrical and new build out of office space in main area for tenant. Brandt (tenant) is a corporate tenant that pays $2,400 per month in annual installments. They also pay the utilities for the entire building including owners space through the remainder of the lease in May 2019. Tenant is waiting on corporate approval for a lease extension past May 2019 where rent will be significantly increased. Tenant has invested +-$100k in interior improvements which is why the rent is modest. They are an outstanding tenant. Tenant occupies approx. 6,500 SF and owner retains approx. 1,370 SF. Property has 1 full bathroom and 4 half bathrooms throughout. Property has frontage on Staples street and Alameda st. Seller can leaseback space for $1,000 per month, or buyer can take over the space. There are two additional legal descriptions/land parcels included in the list price. The parcels are the back parking lot and included in the listing lot size. Down the street from city hall and uptown. Blocks away from the Bayfront and Spohn Hospital Shoreline. Owner is a licensed Texas Real Estate Broker.