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Investment Highlights

  • Diverse mix of traditional office and office/warehouse suites plus 12 grade-level overhead doors serving warehouse/flex tenants
  • Long-standing tenant history with several occupants operating at the property for decades
  • 22 total suites offering multi-tenant diversification and leasing flexibility
  • Excellent visibility and accessibility near South Padre Island Drive (±74,198 VPD); convenient access to SPID, Crosstown Expressway and I-37
  • Diverse tenant mix spanning government, industrial, engineering, logistics and service-related industries
  • Excellent regional accessibility for employees commuting from multiple Corpus Christi submarkets

Executive Summary

Positioned along one of Corpus Christi’s primary industrial and commercial corridors, 5541 Bear Lane offers investors the opportunity to acquire a well-maintained, multi-tenant flex office asset with a diverse and established tenant mix. The 44,914 SF property consists of traditional office suites and flex office/warehouse spaces across two single-story buildings situated on 3.38 acres. Currently 84% occupied, the property provides immediate in-place cash flow while also offering meaningful upside through lease-up of the remaining vacancy. Tenants include regional and national users such as Texas Parks & Wildlife, Eaton Electric, Cravey Real Estate Services, Brite Star Services and Aeronautical Systems.
Designed for functionality and tenant convenience, the property features abundant parking with approximately 126 shared spaces, 12 grade-level overhead doors and flexible suite configurations that accommodate a variety of office and light industrial users. Located approximately 1,000 feet from South Padre Island Drive (±74,198 VPD), the property offers exceptional access to SPID, Crosstown Expressway and I-37, providing efficient connectivity throughout the Corpus Christi market and surrounding communities.

Property Facts

Sale Type Investment NNN
Cap Rate 6.75%
Property Type
Flex
  • OfficeLoft Creative Space
  • FlexLight Distribution
  • Office Office Residential
Building Class C
Lot Size 3.38 AC
Rentable Building Area 44,914 SF
No. Stories 1
Year Built 1984
Parking Ratio 2.85/1,000 SF
No. Drive In / Grade-Level Doors 12
Zoning IL - Light Industrial

Amenities

  • Property Manager on Site
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 850 SF
  • Office
  • -
  • Now
  • 1st Fl - 118
  • 1,901 SF
  • Flex
  • -
  • 30 Days

NNN: $0.30/SF/month

  • 1st Fl - 212A
  • 1,719 SF
  • Flex
  • -
  • 30 Days

NNN: $0.30/SF/month

  • 1st Fl-Ste 216
  • 1,834 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 238
  • 868 SF
  • Office
  • -
  • Now
Space Size Space Use Build-Out Available
1st Floor 850 SF Office - Now
1st Fl - 118 1,901 SF Flex - 30 Days
1st Fl - 212A 1,719 SF Flex - 30 Days
1st Fl-Ste 216 1,834 SF Office - Now
1st Fl-Ste 238 868 SF Office - Now

1st Floor

Size
850 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl - 118

Size
1,901 SF
Space Use
Flex
Build-Out
-
Available
30 Days

1st Fl - 212A

Size
1,719 SF
Space Use
Flex
Build-Out
-
Available
30 Days

1st Fl-Ste 216

Size
1,834 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 238

Size
868 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl - 118

Size 1,901 SF
Space Use Flex
Build-Out -
Available 30 Days

NNN: $0.30/SF/month

1st Fl - 212A

Size 1,719 SF
Space Use Flex
Build-Out -
Available 30 Days

NNN: $0.30/SF/month

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
275162
Land Assessment
$1,472,970 CAD
Improvements Assessment
$1,969,151 CAD
Total Assessment
$3,442,121 CAD
  • Listing ID: 40665450

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 5541 Bear Ln, Corpus Christi, TX 78405

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