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29683530

6654 Leopard St, Corpus Christi, TX 78409 For Sale

WS
TX TX 0677021
New Southern Commercial Real Estate
Listed by New Southern Commercial Real Estate
$945,000
160 days on market
Updated 8 days ago

5 year lease- Commenced 07/01/26-9.5% CAP-Asking: $945,000

Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 6,800
Cap Rate 9.52%
NOI $90,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 06/30/2031
Remaining Term 4.9
Rent Bumps Yes
Price per SqFt $139
Buildings 2
Acreage 1.040
Zoning IL
Lease Commencement 07/01/2026
Ground Lease No
Loading Docks 7

Long-Term Single-Tenant Industrial Asset | Built-In Rental Escalations | NNN Lease Structure

Marketing description

6654 Leopard Street | Crane-Ready Industrial Facility Own a high-function industrial asset in the heart of Corpus Christi, strategically positioned on Leopard Street with immediate access to I-37 and I-69. Offered at $945,000, this versatile property is built for businesses that need office presence, warehouse capability, and room to grow. Building 1 features 1,000 SF of renovated office space with 5 large offices, a reception area, and break room, plus a 4,000 SF warehouse equipped with 3 oversized overhead doors, a 5-ton bridge crane with 10-foot hook height, and a warehouse restroom. Building 2 adds 1,800 SF with 4 large overhead doors and a manual bridge crane, creating flexible space for fabrication, service, storage, or distribution. A partially stabilized 1/2-acre yard supports outdoor storage, equipment staging, and operational efficiency. With strong visibility along Leopard Street and convenient regional connectivity, this property offers the infrastructure and flexibility owner-users and industrial operators need to move in, power up, and grow.

Investment highlights

Investment Highlights

Secure Single-Tenant Industrial Investment – Asking Price: $945,000

Positioned along the highly traveled Leopard Street industrial corridor in Corpus Christi, this approximately 6,800-square-foot single-tenant facility offers investors stable, predictable cash flow backed by a five-year lease commencing July 1, 2026. The lease features scheduled annual rental increases from $7,500 to $7,960 per month, providing built-in income growth over the term. In addition to base rent, the tenant reimburses the owner for 100% of real estate taxes and property insurance, reducing ownership expenses and creating an attractive investment profile. The tenant is also responsible for utilities and the majority of day-to-day maintenance, further minimizing landlord obligations. Offered at $945,000, this asset presents an opportunity to acquire a well-located industrial property with contractual rent growth, a strong lease structure, and long-term value in one of Corpus Christi's established industrial corridors.

Listing Contacts

WS
TX TX 0677021
New Southern Commercial Real Estate
Listed by New Southern Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,000.00
$7,500.00/mo

Valuation Metrics

0
DSCR
9.52%
Cap Rate
9.52%
ROI

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Additional Information

Name
Wade Spenst
License
TX 0677021
Brokerage
New Southern Commercial Real Estate
Title
TX
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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