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London Square Plaza 1290 FM 43 24,560 SF 100% Leased Retail Building Corpus Christi, TX 78415 $8,354,581 CAD ($340.17 CAD/SF) 7.99% Cap Rate

Storefront Properties Texas Corpus Christi 1290 FM 43, Corpus Christi, TX 78415

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INVESTMENT HIGHLIGHTS

  • 100% Leased Out
  • Turf Courtyard for Community Engagement
  • Prime Frontage

EXECUTIVE SUMMARY

GREAT OPPORTUNITY to own the first plaza built in the London area of Corpus Christi. The plaza is conveniently on the corner across from the London School District and on the main highway for the area. Prime Frontage in the area that is growing 7 times faster than the rest of Corpus Christi. The plaza has a turf courtyard with a stage for community engagement and events. Newly Constructed as of November 2022 out of CMU block, the 10 unit plaza is 100% leased out with tenants on Scaled Up NNN leases. Contact today for more information.
Seller is open to offers.
(The listing agent is related to the seller)

ATTACHMENTS

London Square Plaza Brochure

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
24,560 SF
Building Class
B
Year Built
2022
Price
$8,354,581 CAD
Price Per SF
$340.17 CAD
Cap Rate
7.99%
NOI
$667,250 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.00 AC
Zoning
OCL - Commercial in the ETJ
Parking
90 Spaces (3.66 Spaces per 1,000 SF Leased)
Frontage
209’ on FM 43

AMENITIES

  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

LINKS

1 1

PROPERTY TAXES

Parcel Number 256782 Improvements Assessment $6,362,591 CAD
Land Assessment $122,296 CAD Total Assessment $6,484,887 CAD

PROPERTY TAXES

Parcel Number
256782
Land Assessment
$122,296 CAD
Improvements Assessment
$6,362,591 CAD
Total Assessment
$6,484,887 CAD
(361) 694-3917

Still interested?

Contact the broker for more information about this property

CONTACT

  • Giavanna Maddalone
    Giavanna Maddalone

  • Listing ID: 34566331

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 1290 FM 43, Corpus Christi, TX 78415

The Retail Property at 1290 FM 43, Corpus Christi, TX 78415 is currently available for Sale. Contact Teifke Real Estate for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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London Square Plaza | 1290 FM 43
(361) 694-3917 x

London Square Plaza | 1290 FM 43

Giavanna Maddalone
(361) 694-3917

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