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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.
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
Amenities
- Property Manager on Site
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 850 SF
- Office
- -
- Now
NNN: $0.30/SF/month
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
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 275162 | Improvements Assessment | $1,969,151 CAD |
| Land Assessment | $1,472,970 CAD | Total Assessment | $3,442,121 CAD |
Property Taxes
Parcel Number
275162
Land Assessment
$1,472,970 CAD
Improvements Assessment
$1,969,151 CAD
Total Assessment
$3,442,121 CAD
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5541 Bear Ln
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