5945 Saratoga Boulevard
Corpus Christi, TX
Price:
$3467000
Cap Rate:
3.75%
NOI:
$130,000
Building Size:
Approx. 4971 Sq. Ft.
Lot Size:
Approx. 1.41 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 4,971+/- SF Building on 1.41+/- Acre Site
- New 20-Year Corporate Ground Lease beginning March 2018
- Located along Saratoga Boulevard (30K VPD) and Patti Drive
- Adjacent to ABC Pediatrics | Near Walmart, SBUX, Taco Bell
- Across CHISTUS Spohn Hospital – Corpus Christi South (156-Beds)
- Major Industries: Petro (5TH Largest Port) | Tourism ($1B Eco Impact)
- Corpus Christi was #1 for: Small Business Climate-2016 TX A&M Report
- 3-Mile Radius: 2017 Est Pop: 120,113 l 3-Mile Avg. HH Income: $80,664