Heritage Center - Mixed Use Property Listing Details & Market Data

100 South University Blvd, Kingsville, TX

Oldham Goodwin is pleased to present the Heritage Center, a mixed-use retail and student housing property in Kingsville, Texas for your consideration. The Heritage Center, constructed in 2016, is situated at a gateway entry to Texas A&M Kingsville (over 6,500 students), at the corner of University Boulevard and King Avenue. The property has a 12,000 SF retail footprint on the first floor, and 20 student housing rental units on the second floor. Heritage Center offers stable in-place income and significant upside through retail lease-up and rent growth.

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Attachments

Highlights

  • Excellent location near Texas A&M Kingsville
  • Excellent location at the corner of University Blvd and King Avenue
  • Less than a mile from Texas A&M Kingsville, fall 2023 enrollment of over 6,500 students
  • Prominent visibility and exposure, with frontage and access on three sides
  • Mixed use property with diversified income stream
  • 12,000 SF of retail on the first floor, 20 apartment units on the second floor.
  • Apartments are 100% occupied with a waiting list for move-ins.
  • Retail space is 66% leased, NNN leases with over 4 years of WALT
  • Upside income potential through lease-up and rent growth
  • Consistent rent growth on apartments and continued strong demand.
  • Three unoccupied retail suites in vanilla shell condition are available.
  • One unoccupied, finished out, end cap suite with a take-out window available.
  • Tight retail market with little vacant retail space available near campus.
  • Newer construction property in excellent condition
  • Well maintained property built in 2016.
  • Low maintenance steel construction.
  • On-site management staff provides attention to detail for absentee owners.

Contacts

broker

Clinton D. Oldham

Oldham Goodwin

(979) 268-2000 x 979977

Location

Getting Around

  • Walk Score ®

    Very Walkable (78)

  • Bike Score ®

    Bikeable (51)
Powered by Walk Score ®
  • City Kingsville, TX
  • Market Corpus Christi

Points of Interest

  • H-E-B Fuel

    0.21 miles

  • Love's

    1.48 miles

  • Valero

    1.59 miles

  • Murphy USA

    2.04 miles

  • Shell

    2.23 miles

  • Boat 'N Net Drive Inns

    0.62 miles

  • Whataburger

    0.67 miles

  • Chick-fil-A

    1.13 miles

  • Chick-fil-A

    2.11 miles

  • IHOP

    2.19 miles

  • Whataburger

    2.20 miles

  • Chili's

    2.21 miles

  • McDonald's

    2.25 miles

  • Dairy Queen

    6.35 miles

  • Austin School

    0.25 miles

  • Saint Martins School

    0.40 miles

  • Kleberg Elementary School

    0.45 miles

  • Kleburg School

    0.46 miles

  • Epiphany Episcopal School

    0.52 miles

  • Kingsville Independent School District - Laser School

    0.56 miles

  • Lamar Elementary School

    0.58 miles

  • Henrietta M King High School

    0.62 miles

  • Homebound School - Kingsville

    0.63 miles

  • Gillett School

    0.86 miles

Contact Listing Broker

broker

Clinton D. Oldham

Oldham Goodwin

(979) 268-2000 x 979977