442 Navigation Blvd - Warehouse FOR SALE


Corpus Christi, TX 78408- Downtown Corpus Christi
$1,425,000 USD
361-331-7936
442 Navigation Blvd, Corpus Christi, TX for Sale
$1,425,000 USD
Warehouse - FOR SALE
1/8
null | 8% Cap Rate

442 Navigation Blvd
Corpus Christi, TX 78408
Downtown Corpus Christi


HIGHLIGHTS

  • New 5-Year Lease With a 5-Year Option Recently Executed
  • Located On A Hard Corner
  • Recent Improvements & Entire Re-Roof
  • Well Below Replacement Value

OVERVIEW

- Fenced, fully paved yard with ample outside storage - Multiple large overhead doors for easy warehouse access - Two (2) 3-Ton cranes spanning full warehouse length, one (1) 1-Ton jib crane - Recent improvements: new roof (2024), renovated office interior (2024), resurfaced front parking (2026), crane upgrades (2025) - Located in an established Corpus Christi industrial area - Easy access to Hwy 44 & I-37 - New 5-year lease through 4/2031, with a 5-year option - Tenant reimburses property taxes & insurance

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.58

LAND SF

68,825

ZONING

IH

APN/PARCEL ID

272048

ASK ABOUT THIS PROPERTY

Joe CaseyJoe Adame & Associates, Inc.More Info
361-331-7936

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Joe CaseyJoe Adame & Associates, Inc.More Info
361-331-7936

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