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Corpus Christi Transfer Co Building 900 N Staples St 54,362 SF Industrial Building Corpus Christi, TX 78401 $3,600,000 ($66.22/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 54,362 SF standalone building covering one city block, 2.16-AC fenced lot
- 7-year WALT
- Fully sprinklered
- National credit tenant in place
- High visibility on IH-37 (60,000 VPD)
- Dock high, semi-dock, and grade-level loading
EXECUTIVE SUMMARY
900 N Staples Street is a 54,362 SF warehouse property just outside of downtown Corpus Christi, Texas. Perched on a high point, this Property offers outstanding visibility from IH-37 and provides quick access to Hwy 286, Hwy 181, Port of Corpus Christi, and the new Harbor Bridge project. The Property is occupied by a strong national credit tenant, General Insulation Company, ensuring stable in-place cash flow within a rapidly appreciating submarket of Corpus Christi.
PROPERTY FACTS
| Price | $3,600,000 | Rentable Building Area | 54,362 SF |
| Price Per SF | $66.22 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1942 |
| Cap Rate | 8.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.55/1,000 SF |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 2.16 AC | Opportunity Zone |
Yes
|
| Zoning | IL - IL | ||
| Price | $3,600,000 |
| Price Per SF | $66.22 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 2.16 AC |
| Rentable Building Area | 54,362 SF |
| No. Stories | 2 |
| Year Built | 1942 |
| Tenancy | Single |
| Parking Ratio | 0.55/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | IL - IL |
AMENITIES
- Fenced Lot
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PROPERTY TAXES
| Parcel Number | 196988 | Improvements Assessment | $1,184,287 |
| Land Assessment | $156,750 | Total Assessment | $1,341,037 |
PROPERTY TAXES
Parcel Number
196988
Land Assessment
$156,750
Improvements Assessment
$1,184,287
Total Assessment
$1,341,037
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Corpus Christi Transfer Co Building | 900 N Staples St
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