10529 Padre Island DrCorpus Christi, TX 78418

Property Details for 10529 Padre Island Dr

Year built

2007

Lot size

1.99 AC

Property size (Sq ft)

9,600 SF

Zone code

B-3

Property type

Strip malls

Property subtype

Neighborhood centers

APN

3720-0000-0060

APU

372000000060

Description

This exceptional 2,100 square foot restaurant space is located at 10529 S Padre Island Dr, Corpus Christi, TX 78418. Previously occupied by My Mimi's Kitchen, the space is fully equipped with existing restaurant hookups, making it ideal for a quick and efficient setup. Situated within a thriving commercial development, this property benefits from high visibility and convenient access. The location offers excellent cross-access with a neighboring HEB Plus grocery store, ensuring significant foot traffic and customer exposure. Multiple access points from Waldron Road, Knickerbocker Road, and the S Padre Island Dr access road provide easy accessibility for both customers and employees. The tenant mix in this vibrant commercial center includes well-established businesses such as Little Caesar's, Subway, Cricket Wireless, and Spec's Liquor, creating a synergistic and attractive environment for potential tenants. The total building size is 9,600 square feet, with 2,100 square feet currently available for lease. This presents a fantastic opportunity for a restaurant operator seeking a well-located, established space in a high-traffic area of Corpus Christi.

• CAP approach

  CAP return

  Valuation

  6%

  $3,026,748

  6.5%

  $2,793,922

  7%

  $2,594,356

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,110,440

  Geo Method

  $5,498,116

• Alternative Use

  Use

  Valuation

  Residential

  $2,356,777

  Hospitality

  $2,158,795

  Educational

  $1,796,092

  Medical

  $1,857,863

  Retail

  $2,793,922

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.6663

Longitude

-97.2808

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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