5541 Bear Lane
Multi-tenant Flex Office Bldg | 6.75% CAP
Marketing description
Positioned along one of Corpus Christi’s primary industrial and commercial corridors, 5541 Bear Lane offers investors the opportunity to acquire a well-maintained, multi-tenant flex office asset with a diverse and established tenant mix. The 44,914 SF property consists of traditional office suites and flex office/warehouse spaces across two single-story buildings situated on 3.38 acres. Currently 84% occupied, the property provides immediate in-place cash flow while also offering meaningful upside through lease-up of the remaining vacancy. Tenants include regional and national users such as Texas Parks & Wildlife, Eaton Electric, Cravey Real Estate Services, Brite Star Services and Aeronautical Systems.
Designed for functionality and tenant convenience, the property features abundant parking with approximately 126 shared spaces, 12 grade-level overhead doors and flexible suite configurations that accommodate a variety of office and light industrial users. Located approximately 1,000 feet from South Padre Island Drive (±74,198 VPD), the property offers exceptional access to SPID, Crosstown Expressway and I-37, providing efficient connectivity throughout the Corpus Christi market and surrounding communities.
Investment highlights
- ±44,914 SF multi-tenant flex office investment opportunity on ±3.38 acres; ideal for investors seeking stable in-place income with value-add leasing potential
- Diverse mix of traditional office and office/warehouse suites plus 12 grade-level overhead doors serving warehouse/flex tenants
- Approximately 84% occupied with 6,858 SF available for lease-up upside
- Excellent visibility and accessibility near South Padre Island Drive (±74,198 VPD); convenient access to SPID, Crosstown Expressway and I-37
- Long-standing tenant history with several occupants operating at the property for decades
- Diverse tenant mix spanning government, industrial, engineering, logistics and service-related industries
- 22 total suites offering multi-tenant diversification and leasing flexibility
- Approximately 126 shared parking spaces providing ample parking for employees and visitors
- Excellent regional accessibility for employees commuting from multiple Corpus Christi submarkets
- Approximately 10 minutes from Corpus Christi International Airport
- Zoned I-2 (Light Industrial), supporting a broad range of industrial and commercial uses
- Strong history of tenant retention reflects operational functionality and convenient location
- Combination of traditional office and flex industrial space appeals to a broad tenant base
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