Retail Space /TX /Cameron County /South Padre Island /4012 Padre Blvd
Retail Space /TX /Cameron County /South Padre Island /4012 Padre Blvd

4012 Padre Blvd - Storefront Retail/Office FOR SALE


South Padre Island, TX 78597 | 
$1,725,000 USD
956-572-3191
4012 Padre Blvd, South Padre Island, TX for Sale
$1,725,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 6.32% Cap Rate
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4012 Padre Blvd
South Padre Island, TX 78597

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OVERVIEW

GROUND LEASE! Great Investment Opportunity on SPI. Lease is NNN with 6.3% cap rate. Must sign NDA to receive financials. Don't miss out on this opportunity. Property is on main artery of South Padre Island, high traffic count. Long Term Ground Lease. Real Estate Only, Doesn't include business.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

SPI Hardware Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,827 SF

ZONING

Commercial

APN/PARCEL ID

676400-1120-001000

ASK ABOUT THIS PROPERTY

Patrick McNultyPatrick McNulty, BrokerMore Info
956-572-3191

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Patrick McNultyPatrick McNulty, BrokerMore Info
956-572-3191

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

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