400 & 410 S Padre Island Dr Listing Details & Market Data

The property is a part of the 100 South Padre Development which includes office/flex buildings, the VA Hospital, Harley Davidson, hotels, medical users and other service/industrial users. The property is centrally located with easy access to the south side of Corpus Christi and to the north side of Corpus Christi. It is in close proximity to multiple larger industrial projects along with the refineries along Highway 37 and to the Port/downtown area. This office space is well suited/positioned for business with these groups.Legal Description: Lot 56, Block 3, 100 South Padre Island Unit 9. The property is comprised of approximately 35,000 SF in 2 office buildings that are side by side. The buildings sit on approximately 1.92 acres according to the Nueces County Appraisal District. The property is not located in a designated flood zone. The property is a 2 story office buildings that consist of reinforced concrete slab foundations and steel frame construction with glass paneling exteriors, and flat built-up roofing systems. The 2 buildings are configured into 17 suites ranging in size from 337 square feet up to 13,197 square feet and an average size of 2,078 SF. The site is basically rectangular in shape, level in shape and with with all necessary utilities in place. The quality of construction is good. The property has ingress/egress off of S Padre Island Drive and Opportunity Drive with easy access to Bear Lane and Old Brownsville Road. The property is zoned IL which is Light Industrial. This zoning accommodates light manufacturing, warehouse and whole sale distributing in building with access by major arterials. According to the City of Corpus Christi UDC, the property’s current use as an office building is permitted under this zoning and is a legal conforming use. The property is currently 86.7% occupied at an effective rate of $16.02/sf/year, full service with some tenants on a long term month to month basis. There are 4 vacant suites being currently marketed at $15.60/sf/year, full service.Very clean & well kept. Abundant parking - free to tenants and their guests.