427 NAS Dr - Restaurant FOR SALE


Corpus Christi, TX 78418- Flour Bluff
$508,000 USD
202-550-7189
427 NAS Dr, Corpus Christi, TX for Sale
$508,000 USD
Restaurant - FOR SALE
1/12
null | 8% Cap Rate

427 NAS Dr
Corpus Christi, TX 78418
Flour Bluff


HIGHLIGHTS

  • Sale-Leaseback with Owner-Occupant Providing Immediate Income
  • Functional Layout Suitable for Retail or Service-Oriented Users
  • Fully Fenced and Gated Site

OVERVIEW

Finial Group is pleased to present an exclusive investment opportunity at 427 NAS Drive, a free-standing, single-tenant retail property located in Corpus Christi, Texas. This offering provides investors with the ability to acquire a stabilized asset through a structured sale-leaseback, delivering immediate cash flow backed by an in-place operating business. Strategically positioned on approximately 0.72 acres (31,363 square feet), the property features a 2,540 square foot retail building with strong visibility and accessibility. The site benefits from its proximity to key traffic corridors and surrounding commercial activity, supporting long-term tenant viability and consistent consumer demand within the trade area. The offering is structured as a sale-leaseback at a rental rate of $16.00 per square foot, providing a predictable income stream at an 8.00% capitalization rate. This structure allows investors to secure day-one yield while mitigating lease-up risk, making it an attractive option for both passive investors and yield-focused capital. Corpus Christi continues to demonstrate steady economic fundamentals driven by port activity, tourism, and regional population growth. The combination of a well-located retail asset, committed tenancy, and above-market yield positions 427 NAS Drive as a compelling addition to any investment portfolio. This investment represents a rare opportunity to acquire a high-yield retail asset with built-in income and favorable pricing dynamics. With its strong fundamentals, strategic location, and structured cash flow, 427 NAS Drive offers both stability and upside potential in a growing coastal Texas market.

FOR SALE DETAILS

PRICE

$508,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

I-2

APN/PARCEL ID

382314

ASK ABOUT THIS PROPERTY

Jack Gaffney, SIORFinial GroupMore Info
202-550-7189

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Jack Gaffney, SIORFinial GroupMore Info
202-550-7189

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