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Lindale Park 3231 S Alameda St 29,946 SF 100% Leased Retail Building Corpus Christi, TX 78404 For Sale
Investment Highlights
- Strong tenant mix including Jersey Mike’s Subs, WB Liquors & Wine, Freedom Fitness and nail salon
- Near both Doctor’s Regional Hospital and Driscoll Children's Hospital medical campuses
- Area experiencing continued medical corridor expansion and investment
- Adjacent to H-E-B Grocery Store and surrounded by dense residential neighborhoods
- Excellent visibility along S. Alameda Street with approximately 16,505 VPD (TxDOT)
- Centrally located with convenient access to major Corpus Christi thoroughfares
Executive Summary
Positioned in the heart of an established medical and retail corridor, 3231 S. Alameda Street presents an exceptional opportunity to acquire a ±29,946 SF multi-tenant retail property within the well-known Morningside Shopping Center. Situated on 1.98 acres with abundant on-site parking (±5.8 spaces per 1,000 SF), the property offers strong visibility and accessibility along S. Alameda Street, which sees approximately 16,505 vehicles per day. Current tenants include Jersey Mike’s Subs, WB Liquors & Wine, Freedom Fitness and a nail salon, providing a dynamic mix of service, retail and consumer traffic drivers.
The property benefits from its strategic location adjacent to H-E-B and near both Doctor’s Regional Hospital and Driscoll Children's Hospital, as well as numerous surrounding medical office buildings and dense residential neighborhoods. Continued investment in the area, including Driscoll’s North Pavilion expansion featuring outpatient surgery and pediatric ICU facilities, further strengthens the long-term fundamentals of the corridor. Additionally, the former office build-out within the Gordon Street portion of the property provides flexibility for future professional or medical office users, creating added value and leasing versatility for investors.
The property benefits from its strategic location adjacent to H-E-B and near both Doctor’s Regional Hospital and Driscoll Children's Hospital, as well as numerous surrounding medical office buildings and dense residential neighborhoods. Continued investment in the area, including Driscoll’s North Pavilion expansion featuring outpatient surgery and pediatric ICU facilities, further strengthens the long-term fundamentals of the corridor. Additionally, the former office build-out within the Gordon Street portion of the property provides flexibility for future professional or medical office users, creating added value and leasing versatility for investors.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
29,946 SF
Building Class
C
Year Built
1962
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.98 AC
Zoning
CG-2
Parking
148 Spaces (5.8 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,271,188 CAD | |
| Land Assessment | $966,109 CAD | Total Assessment | $5,237,297 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$966,109 CAD
Improvements Assessment
$4,271,188 CAD
Total Assessment
$5,237,297 CAD
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Lindale Park | 3231 S Alameda St
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