5200 Padre Blvd 5,500 SF 100% Leased Retail Building South Padre Island, TX 78597 $1,929,900 CAD ($350.89 CAD/SF)

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire 5200 Padre Blvd (the “Property”), a 5,500 square foot retail center located in the heart
of South Padre Island. Specifically, the Property is positioned along South Padre Island’s primary corridor that runs north-south along the island, thus benefiting from the steady flow of both tourist and local traffic. 5200 Padre Blvd is currently 100% leased to three dynamic tenants, offering investors immediate cash flows, and with 1.9 years of weighted average remaining lease term, investors have the opportunity to mark rents to market, further boosting NOI.