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Gulfway Shopping Center 6002-6050 S Padre Island Dr 25,000 - 50,000 SF of Retail Space Available in Corpus Christi, TX 78412
HIGHLIGHTS
- Prime location at Airline Rd & S. Padre Island Dr. with strong commercial visibility
- Established shopping center serving Corpus Christi for over 60 years
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 25,000 SF | Negotiable | $19.53 CAD/SF/YR $1.63 CAD/SF/MO $488,320 CAD/YR $40,693 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Former Sprouts | 25,000 SF | Negotiable | $19.53 CAD/SF/YR $1.63 CAD/SF/MO $488,320 CAD/YR $40,693 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste Former Sprouts
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT GULFWAY SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alameda Medical Supply & Uniforms
- Other Retail
- 1
- Local
- Cato
- Ladies' Apparel
- 1,484
- National
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Firestone Complete Auto Care
- Automotive
- 2,479
- National
- Hu-Dat Hot Pot & Grill
- -
- -
- -
- Sprouts
- Supermarket
- 576
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alameda Medical Supply & Uniforms | Other Retail | 1 | Local |
| Cato | Ladies' Apparel | 1,484 | National |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Firestone Complete Auto Care | Automotive | 2,479 | National |
| Hu-Dat Hot Pot & Grill | - | - | - |
| Sprouts | Supermarket | 576 | National |
PROPERTY FACTS
| Total Space Available | 50,000 SF | Total Land Area | 14.00 AC |
| Property Type | Retail | Year Built/Renovated | 1958/1990 |
| Property Subtype | Freestanding | Parking Ratio | 8/1,000 SF |
| Gross Leasable Area | 143,004 SF | Cross Streets | NEC Airline Rd. & S. Padre Island |
| Total Space Available | 50,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 143,004 SF |
| Total Land Area | 14.00 AC |
| Year Built/Renovated | 1958/1990 |
| Parking Ratio | 8/1,000 SF |
| Cross Streets | NEC Airline Rd. & S. Padre Island |
ABOUT THE PROPERTY
Former Sprouts space available. Landlord will consider dividing the space at a negotiated rate. Tenant improvement dollars are available. Traffic counts: Airline & McArdle - 24,317 cars per day (ESRI 2024); SPID between Airline and Staples - 77,814 cars per day (ESRI 2024) Gulfway Shopping Center is a well established shopping center that has served Corpus Chris for more than 6 decades. Gulfway Center is located at a strong commercial intersection on Airline Road and S. Padre Island Drive. Great ingress/egress from SPID, Airline Rd, and McArdle Rd. Strong tenant mix including Jason's Deli, Dollar Tree, Plato's Closet, Cato Fashions, Panjos Pizza, Dairy Queen, Sally Beauty, Wells Fargo Bank and many other strong national tenant retailers.
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Gulfway Shopping Center | 6002-6050 S Padre Island Dr
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