606 N Carancahua St - Office FOR SALE
Corpus Christi, TX 78401 |
606 N Carancahua St
Corpus Christi, TX 78401
HIGHLIGHTS
- Lender-Owned Asset (REO): Opportunity to purchase at significant discount to replacement cost. 30-day closing extension available.
- Qualified Opportunity Zone property in the heart of Corpus Christi's CBD with preferential tax treatment available.
- Local, state, and federal financial incentive programs and strong support from the city are available.
- Eligible for historic tax credits, LIHTC, PACE, and within the city's Tax Increment Reinvestment Zone, making the property eligible for grants.
- Strong credit tenants such as oil and gas companies and local and federal government offices with a healthy mix of MTM and long-term leases.
- The property is surrounded by multiple area amenities including numerous entertainment venues, restaurants, parks, and professional services.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Wilson Plaza: Value-Add/Redev Oppty
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
310000
STORIES
16
BUILDING CLASS
A
YEAR BUILT
1927
SPRINKLERS
-
PARKING SPACES
564
LAND DETAILS
LAND ACRES
3.84 AC AC
LAND SF
167,270 SF
ZONING
-
APN/PARCEL ID
196774
