4025 S Padre Island Dr - Medical FOR SALE


Corpus Christi, TX 78411
$2,729,054 USD
310-486-9900
4025 S Padre Island Dr, Corpus Christi, TX for Sale
$2,729,054 USD
Medical - FOR SALE
1/5
null | 5.5% Cap Rate

4025 S Padre Island Dr
Corpus Christi, TX 78411


HIGHLIGHTS

  • Situated on S Padre Island Dr (16,368 VPD) With Prime Frontage, Excellent Visibility and Convenient Access to TX-358 (135,700 VPD)
  • There Are Over 6.75 Years Remaining on the Lease With Three (3), 5-Year Options To Extend
  • Corpus Christi Has a Growing Population, Including Retirees and Families; Population in a 5-Mile Radius is 215,383 With an AHHI of $75,619
  • Tenant Invested Over $650,000 in Improving This Property in 2022
  • Corporate Guaranteed Lease (NYSE: CON – Market Cap: $2.95 Billion)
  • With Over 520 Medical Centers and 130+ Onsite Clinics Nationwide, Concentra Is One of the Largest Occupational Healthcare Providers in the U.S

FOR SALE DETAILS

PRICE

$2,729,054 USD

PRICE/SF

$443 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concentra Urgent Care | 135,700 VPD TX-358

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-4

APN/PARCEL ID

969400000010

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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Robert NarchiMarcus & MillichapMore Info
310-486-9900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.