361 Commercial StAransas Pass, TX 78336

This exceptional investment opportunity presents a 6,500 square foot, fully-leased retail shopping center in Aransas Pass, Texas. Built in 2013, this two-story, single-building property sits on a 0.76-acre lot at 361 S Commercial St, 78336, and boasts five tenants under gross lease agreements. The property enjoys a 9% cap rate with a current NOI of $67,084, and an asking price of $750,000. Current rents are below market, offering significant potential for rental increases. The property benefits from a high-traffic location, exceeding 22,000 cars daily, situated on a signalized corner adjacent to a major grocery store and gas station. This prime location within the Corpus Christi MSA ensures strong tenant demand and consistent traffic. Two tenants also contribute billboard income under long-term leases. The majority of leases are short-term, providing immediate opportunities to capitalize on market rent increases. This presents a compelling investment opportunity with strong potential for future growth and profitability. The property's location within the thriving Corpus Christi MSA, combined with its high occupancy rate and below-market rents, makes it an attractive investment for discerning buyers.