For Sale
$2,700,000
650 Flato RdCorpus Christi, TX 78405
- Added:
- Dec 11, 2024
- Days on market:
- 123
Highlights
- Guaranty of lease with SRS Distribution Inc. ($50M annual revenue).
- Tenant invested $250,000 in property improvements.
- Net lease income: $207,960 (3% annual escalation).
- 2023 building renovation and $280,000 fire suppression system installation.
- 12-14' clear height, 3-phase 480V power, four office suites, breakroom, conference room, and showroom.
- 2.78-acre industrial property in Corpus Christi, TX, located in a central industrial corridor with excellent traffic counts.
Property Details for 650 Flato Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 25,500 SF
- Year Built/Renovated
- 1981/2023
- Lot Size (sq. ft)
- 121,097 SF
Location Insight
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Latitude
- 27.7724792
- Longitude
- -97.4594766
650 Flato Rd, Corpus Christi, Texas
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FAQs
- Where is the warehouse located?
- The property is located at 650 Flato Rd Corpus Christi, TX.
- What is the asking price?
- The asking price for this property is $2,700,000.
- What are key features of this property?
- This property features: Guaranty of lease with SRS Distribution Inc. ($50M annual revenue).; Tenant invested $250,000 in property improvements.; Net lease income: $207,960 (3% annual escalation).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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