5312 Padre Blvd - Convenience Store FOR SALE


South Padre Island, TX 78597
$2,500,000 USD
956-433-8564
5312 Padre Blvd, South Padre Island, TX for Sale
$2,500,000 USD
Convenience Store - FOR SALE
1/33
null | Request Cap Rate

5312 Padre Blvd
South Padre Island, TX 78597


HIGHLIGHTS

  • Great location, high traffic area with 2 curb cut-outs. Island Market has established tenants

OVERVIEW

Island Market retail shopping center...the entire building is for sale. The entire center has 4 businesses: Island Market, SPI Liquors, Coastal Lifestyles & Starnies Hot Dogs. There are 2 food trucks also. 2 gas pumps, above ground gas tank, 10 parking spaces, and great corner front location with 2 curb cut-outs for easy access off Carolyn or Padre Blvd. All businesses have a long term rental agreement & separate electrical meters.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

COMMERCIAL

APN/PARCEL ID

676400-1690-001000

ASK ABOUT THIS PROPERTY

Gayle HoodRE/MAX Elite - Padre Elite TeamMore Info
956-433-8564

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Gayle HoodRE/MAX Elite - Padre Elite TeamMore Info
956-433-8564

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