This Property is no longer advertised on Showcase.com.
Off Market
1/2

14401 S Padre Island Dr
Corpus Christi, TX 78418


HIGHLIGHTS

  • Low Rent/Sales Ratio
  • $1,850,000 last 12 months sales
  • Newly Renovated in 2017
  • Great Operator

OVERVIEW

The property, which was built in 2002, is a Sonic Drive-In restaurant situated on .9 acres. The tenant reimburses for all expenses including CAM, taxes, insurance, as well as roof and structure making it an absolute net lease. The restaurant was newly renovated in 2017 and has been increasing its sales consistently since opening. Padre Island is a popular vacation spot for Texans just outside Corpus Christi, Texas which attracts over one million people per year to the beaches, water park, fishing spots, and numerous restaurants.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Sonic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

1483

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

200104456