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10425 Padre Island Dr Corpus Christi, TX 78418

High-traffic HEB-adjacent land lease

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 45,170 sq ft pad site presents a unique ground lease opportunity in Corpus Christi, Texas. Located at the highly visible intersection of Waldron and South Padre Island Drive (SPID), this 1.04-acre lot boasts a prime location directly facing one of Corpus Christi's largest HEB grocery stores. The CG-1 zoning allows for a variety of uses, including restaurants, medical facilities, and retail establishments. This is a rare opportunity to secure a highly desirable location on SPID, a major thoroughfare with exceptional traffic counts: 31,815 vehicles daily (eastbound) and 62,506 vehicles daily (westbound) in 2022. The site offers convenient access via two driveways/streets leading into the HEB Plus store. The property is offered as a ground lease only, with all construction costs borne by the tenant. Tenant is responsible for all property taxes. The surrounding area demonstrates strong demographics, with an average household income within a two-mile radius exceeding $93,874 (ESRI data). This is one of the last remaining pad sites along SPID, making it an exceptionally attractive investment. The annual ground lease rate is $125,000. Don't miss this chance to establish your business in a thriving Corpus Christi location.

Highlights

  • 1.04-acre pad site available for ground lease in Corpus Christi, TX, at the highly visible intersection of Waldron Rd. and S. Padre Island Dr.
  • Prime location directly across from a major HEB grocery store.
  • CG-1 zoning allows for various uses, including retail, restaurants, and medical facilities.
  • Exceptional traffic counts: 31,815 vehicles (eastbound) and 62,506 vehicles (westbound) daily (2022 data).
  • Strong demographics: Average household income within 2 miles exceeds $93,874 (ESRI data).
  • Annual ground lease rate: $125,000.

Property Details for 10425 Padre Island Dr

Property type
Land

Unit(s) available at that property

Space
Size
0 SF

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.66703
Longitude
-97.281642

FAQs

What type of property is this?
Land - High-traffic HEB-adjacent land lease
Where is the land located?
The property is located at 10425 Padre Island Dr Corpus Christi, TX.
What are key features of this property?
This property features: 1.04-acre pad site available for ground lease in Corpus Christi, TX, at the highly visible intersection of Waldron Rd. and S. Padre Island Dr.; Prime location directly across from a major HEB grocery store.; CG-1 zoning allows for various uses, including retail, restaurants, and medical facilities.
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10425 Padre Island Dr
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