NW CROSSING STRIP CENTER | CORPUS CHRISTI, TEXAS

Purchase Price
$1,727,484
Location
13605 Northwest Blvd
Cap Rate
7.25%
Annual Rent
$125,489.00
Building Size
6,000 SF
Land Area
0.71 Acres
Ownership
Fee Simple
Lease Type
NN
Parking
37 Spaces
Year Built
2008
APN
200082767
Traffic Counts
32,111 VPD

INVESTMENT HIGHLIGHTS

 

4-TENANT STRIP CENTER:

  • 6,010 Square Foot Strip Center Leased to 4 National Tenants
  • GameStop = 1,500 SF
  • Fred Loya Insurance = 1,500 SF
  • Sally Beauty Supply = 1,505 SF
  • Cost Cutters = 1,505 SF
 

NATIONAL TENANTS:

  • GameStop Has Approximately 5,500 Stores Across 14 Countries
  • Fred Loya Insurance Agency Has Approximately 726 Offices in 11 States
  • Sally Beauty Supply Has Approximately 3,200 Stores in North America
  • Cost Cutters Has Approximately 700 Salons in 37 States
 

HISTORICAL OCCUPANCY:

  • All Four Tenants Have Renewed Their Leases Since the Original Term
  • GameStop Has Been at this Location Since 2005
  • Fred Loya Insurance Agency Has Been at this Location Since 2005
  • Cost Cutters Has Been at this Location Since 2005
  • Sally Beauty Supply Has Been at this Location Since 2011
 

CORPUS CHRISTI, TEXAS:

  • The 8th Largest City in the State of Texas
  • The County Seat of Nueces County
  • Home to the Port of Corpus Christi - 3rd Largest Port in the United States in Total Tonnage
  • The Sixth Most Popular Tourist Destination in Texas - an Estimated 8 Million+ Visitors Each Year
 

PROXIMITY TO OTHER MAJOR CITIES:

  • San Antonio, Texas | 143 Miles -2 Hour: 1 Minute Drive
  • Houston, Texas | 211 Miles - 3 Hour: 16 Minute Drive
  • Austin, Texas | 217 Miles - 3 Hour: 20 Minute Drive
 

TRADE AREA DEMOGRAPHICS :

  • 1-Mile Population = 3,200 Residents
  • 1-Mile Average Household Income = $81,749
  • 3-Mile Population = 18,233 Residents
  • 3-Mile Average Household Income = $102,770
  • 5-Mile Population = 36,711 Residents
  • 5-Mile Average Household Income = $92,250

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