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Tesla Service Center 3605 S Padre Island Dr 6,202 SF Retail Building Corpus Christi, TX 78415 $2,626,750 CAD ($423.53 CAD/SF) 6.28% Cap Rate



EXECUTIVE SUMMARY
Located at 3605 So. Padre Island Dr., at the lighted intersection of Carroll Lane. and So. Padre Island Dr. Property leased and occupied by Tesla Service Center. Excellent visibility and easy access. The building has great visibility and a daily traffic count of 120,777 (VPD Tx Dot).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,202 SF
Building Class
C
Year Built
1995
Price
$2,626,750 CAD
Price Per SF
$423.53 CAD
Cap Rate
6.28%
NOI
$165,054 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.76 AC
Zoning
B-4
Parking
85 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 259464 | Improvements Assessment | $613,601 CAD |
| Land Assessment | $558,266 CAD | Total Assessment | $1,171,867 CAD |
PROPERTY TAXES
Parcel Number
259464
Land Assessment
$558,266 CAD
Improvements Assessment
$613,601 CAD
Total Assessment
$1,171,867 CAD
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Tesla Service Center | 3605 S Padre Island Dr
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