4002 Saratoga Blvd
Corpus Christi, TX
Price:
$2282000
Cap Rate:
5.15%
NOI:
$117,500
Building Size:
Approx. 1850 Sq. Ft.
Lot Size:
Approx. 0.47 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 1,850+/- SF Building on .47+/- Acre Site
- New 10-Year, Corporate Lease beginning February 2017
- Located along Saratoga Blvd (30K VPD), just 2-Miles S of HWY 358 (121K VPD)
- Near HEB, AutoZone, McDonald’s, Whataburger, Dickey’s, Sonic, 7-Eleven
- 5-Miles NE of La Palmera Mall (1 M SF) & The Shops at La Palmera (230K+ SF)
- Major Industries: Petro (5TH Largest Port) | Military (6k Jobs) | Tourism ($1B Eco Imp)
- Ranked 46TH out of 200 largest US Metro areas for low cost of doing business – Forbes
- 3-Mile Radius: 2016 Estimated Population: 103,234 l 2-Mile Average HH Income: $74,903