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424 N Chaparral St 9,165 SF 100% Leased Retail Building Corpus Christi, TX 78401 $2,442,860 CAD ($266.54 CAD/SF)
INVESTMENT HIGHLIGHTS
- Just 2 blocks from North Shoreline Blvd, along Corpus Christi’s beautiful bayfront
- Strong income-producing asset with established tenant base
- Located in a rapidly revitalizing and high-growth district with increasing foot traffic and development
- Ideal for portfolio expansion or new investors entering the Corpus Christi market
EXECUTIVE SUMMARY
Located in the heart of Corpus Christi’s rapidly revitalizing and increasingly vibrant downtown district, this mixed-use commercial property offers a compelling investment opportunity. Positioned in an area that is experiencing a wave of development and cultural resurgence, the property benefits from excellent visibility, high foot traffic, and proximity to key city landmarks.
The building is currently leased to a well-established, reputable restaurant tenant occupying the majority of the space, with additional square footage leased to professional office users. This diverse tenant mix ensures a steady income stream and stability.
The property is an ideal opportunity for investors seeking passive income in a booming urban corridor. Whether you’re expanding your portfolio or entering the Corpus Christi market, this asset offers strong fundamentals and future upside in a city on the rise.
The building is currently leased to a well-established, reputable restaurant tenant occupying the majority of the space, with additional square footage leased to professional office users. This diverse tenant mix ensures a steady income stream and stability.
The property is an ideal opportunity for investors seeking passive income in a booming urban corridor. Whether you’re expanding your portfolio or entering the Corpus Christi market, this asset offers strong fundamentals and future upside in a city on the rise.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,165 SF
Building Class
C
Year Built
1936
Price
$2,442,860 CAD
Price Per SF
$266.54 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
CG-2
Frontage
25’ on Chaparral St
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 191623 | Improvements Assessment | $858,795 CAD |
| Land Assessment | $126,706 CAD | Total Assessment | $985,501 CAD |
PROPERTY TAXES
Parcel Number
191623
Land Assessment
$126,706 CAD
Improvements Assessment
$858,795 CAD
Total Assessment
$985,501 CAD
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424 N Chaparral St
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