1024 Leopard St - Office FOR SALE


Corpus Christi, TX 78401- Downtown Corpus Christi
$1,200,000 USD
512-762-5426
1024 Leopard St, Corpus Christi, TX for Sale
$1,200,000 USD
Office - FOR SALE
1/11
null | 9.73% Cap Rate

1024 Leopard St
Corpus Christi, TX 78401
Downtown Corpus Christi


HIGHLIGHTS

  • Located on a corner lot with private, paved and secure parking lot
  • Fully occupied investment property with long term leases
  • Just a block away from Nueces County Courthouse and Corpus Christi City Hall.
  • Heavy traffic volume.
  • Hurricane shutters
  • Totally gutted and remodeled in 2008 and 2018. Class A finishes

OVERVIEW

Fully occupied investment property with recent lease extensions in place. Occupied with excellent paying tenants. Centrally located two blocks from City Hall to the west, two blocks from Courthouse to the east, diagonally located from RTA building. Fully leased on 3 to 5 Year leases with separately metered electric service.This turn-key property was completely remodeled in 2008, and gutted and fully remodeled in 2017 - 2018. Quality finishes, new roof and facade done with Owens Corning Duration shingle, and a/c units. Gorgeous shared conference room, tiled restrooms, common area includes refrigerator, water fountain, microwave and sink. Easy access to Crosstown Expwy, State Hwy 37, Harbor Bridge/Hwy 181. New laminated and tempered glass in all windows, and remote controlled hurricane shutters on back windows. New concrete and fenced parking lot with 4 car garage. Some Adjacent and contiguous lots to this property are available for sale as well. Contact broker for rent roll , financials ,and more details.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

9.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courthouse Square

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Service

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CI

APN/PARCEL ID

196959

ASK ABOUT THIS PROPERTY

Lee HrncirRundog Real Estate GroupMore Info
512-762-5426

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Lee HrncirRundog Real Estate GroupMore Info
512-762-5426

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