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3719 Leopard StCorpus Christi, TX 78408

Six-asset retail center, 80,300 SF

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional investment opportunity presents a portfolio of six Corpus Christi, Texas properties totaling 80,300 square feet. The core offering is a two-building, 73,000 and 7,300 square foot shopping center situated on approximately 8.69 acres at 3719 Leopard Street, developed in 1966 and subsequently renovated. Currently approximately 27% leased, this presents significant value-add potential through lease-up or redevelopment. The estimated Net Operating Income is approximately $175,000. The portfolio also includes four additional vacant land parcels: a 0.95-acre parcel adjacent to the shopping center at 3645 Up River Rd, and three parcels located at 1215 S Staples St (0.15 acres), 1217 S Staples St (0.15 acres), and 514 N Port Ave (0.56 acres), all in Nueces County, Texas, and all within zip codes 78404 and 78408. This unique offering provides a rare chance to acquire a substantial retail portfolio with significant redevelopment potential in a stable market with consistent demand for commercial tenants. The combined land area of the entire portfolio offers a total of approximately 9.64 acres. This presents a compelling opportunity for portfolio discount compared to individual asset acquisition. The properties are strategically located in established areas of Corpus Christi, offering excellent visibility and accessibility.

Highlights

  • Rare Corpus Christi retail center offering with vacant land parcels.
  • Strong, stable market with consistent tenant demand in both industrial and retail sectors.
  • 80,300 SF retail center plus four vacant land parcels in established locations.
  • Significant portfolio discount compared to individual property acquisitions.

Property Details for 3719 Leopard St

Property type
Lifestyle centers, Power centers
Square Feet
80,300 SF

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.7962131
Longitude
-97.4343704
3719 Leopard St, Corpus Christi, Texas

FAQs

What type of property is this?
Lifestyle center - Six-asset retail center, 80,300 SF
Where is the lifestyle center located?
The property is located at 3719 Leopard St Corpus Christi, TX.
What are key features of this property?
This property features: Rare Corpus Christi retail center offering with vacant land parcels.; Strong, stable market with consistent tenant demand in both industrial and retail sectors.; 80,300 SF retail center plus four vacant land parcels in established locations.
How can I contact the broker?
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3719 Leopard St
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