1949 S Padre Island Drive, Corpus Christi, TX 78416
sale
$3,500,000
|
Other
Courtesy Of Mirabal Montalvo & Associates
Capitalize on a rare, income-producing opportunity with this operating Fuddruckers Restaurant on 2.0885+/- acres of prime SPID frontage near Crosstown Expressway, backed by a triple net lease for stable, low-maintenance cash flow. The well-maintained restaurant building sits on approximately 1.38+/- acres, offering a flexible, modern layout for long-term food service or future adaptive reuse, while the remaining 30,927+/- square feet along SPID can be separately platted for a high-visibility ground lease or pad site sale. Enjoy cross-access with Walmart and multiple national brands, creating a built-in customer draw amid a vibrant mix of restaurants, retail, banking, hotel/motel, and entertainment. Neighboring merchants include Texas Roadhouse, Buffalo Wild Wings, Bubba's 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire, with traffic counts of 88,451 cars per day (ESRI 2022). Ideal for both passive investors and strategic owner-users seeking strong visibility, established tenancy, and outstanding development upside-reach out today to secure this high-performing corridor asset before it's gone.
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Property Features
- Age: 21-30 Years Old
- Cooling System: Central Air
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: SPICE PLAZA BLK 3 LOT 10 2.088
- MLSID: 473721
- Roof Type: Flat
- Roof Type: Shingle
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