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30955304
30955305

7698 S Padre Island Dr, Corpus Christi, TX 78412

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$3,385,000
99 days on market
Updated 68 days ago

West Marine

Details
Property Type Retail
Sub Type Storefront
Square Footage 13,000
Cap Rate 7.5%
NOI $253,890
Occupancy 100%
Tenancy Single
Brand/Tenant West Marine
Lease Type NN
Lease Term 15
Lease Expiration 07/18/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options 2, 5-year
Price per SqFt $260
Broker Co-Op Yes
Year Built 2013
Buildings 1
Stories 1
Acreage 1.340
Zoning Commercial
Parking Spaces 51 per unit
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/19/2013
Ground Lease No

Great Visibility | Located Inside Dense Retail Corridor | Corporate Lease | Affluent Area

Investment highlights

• Corporate lease | West Marine Products, Inc. | 240+ locations across the US and Puerto Rico

• Great visibility from TX Hwy-358 | 52,550 VPD

• Located inside of dense retail corridor | 1.3M SF within a 2-mile radius

• Long operating history | Leased since 2013

• Large parcel | 1.34 acres

• Explosive population growth within 1-mile | 30.55% from 2010-2025

• Attractive population density within a 5-mile radius | 161,714 residents

• Affluent surrounding area | $93,354 average household income within a 3-mile radius

• 1 mile from Corpus Christi Medical Center Bay Area | 152 beds

• 10 minutes from Texas A&M University-Corpus Christi | 12,000 students

• 10 minutes from Veterans Memorial High School | 2,000 students

• 5 miles from Naval Air Station Corpus Christi | Major military installation supporting consistent employment and stable daytime population

• Nearby destination retailers | Walmart Supercenter, Target, Sam’s Club, Sprouts Farmers Market, Home Depot, Lowe’s, Academy Sports + Outdoors, Burlington, Kohl’s, Olive Garden, Chili’s, Chickfil- A, Starbucks, Chipotle, McDonald’s, Taco Bell, Raising Cane’s, Whataburger, Subway, 7 Brew, and more

Listing Contacts

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$253,890.00
$21,157.50/mo

Valuation Metrics

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DSCR
7.5%
Cap Rate
7.5%
ROI

Map

Zoning

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CG-2 CommercialGeneral CommercialGeneral Commercial
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Last updated Apr 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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