For Sale
$1,200,000

5501 I-37Corpus Christi, TX 78408

160-Unit Medical Facility, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 95,715 square foot medical office building, situated on a 6.2-acre lot in Corpus Christi, Texas, presents a compelling investment opportunity. The property, located at 5501 I-37, boasts 160 units currently operating at 100% occupancy. Built in 1982, this two-story structure is zoned B-4 and offers a diverse range of amenities including recreational areas, meeting rooms, a full dining room, and a fully equipped kitchen. The building's functionality is enhanced by individual PTAC units in each room. Its strategic location on the Interstate 37 access road at McBride provides excellent visibility and accessibility. The property's strong performance is further bolstered by the area's thriving tourism sector, significant industrial development within a 30-minute radius, and the proximity to a major military complex, creating a substantial demand for lodging and medical services. The asking price is $1,200,000, translating to $12.54 per square foot. This represents a rare chance to acquire a high-performing, established medical facility in a dynamic and growing market. The property's size, location, and current occupancy make it an attractive investment with significant potential for future growth and returns. Nueces County location and 78408 zip code.

Highlights

  • $1,200,000 asking price for a 95,715 SF medical office building.
  • Located at 5501 I-37, Corpus Christi, TX 78408.
  • 160 units, 100% occupancy.
  • Built in 1982, two stories, on a 6.2-acre lot.
  • $12.54 price per square foot.

Property Details for 5501 I-37

Property type
Office properties, Medical offices
Square Feet
95,715 SF
Year Built
1982
Stories
2
Lot Size (sq. ft)
270,072 SF
Units
160

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.8027269
Longitude
-97.4632725
5501 I-37, Corpus Christi, Texas

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5501 I-37
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