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22997763
22997764

5568-5570 Ayers St, Corpus Christi, TX 78415

MP
TX TX 702989
Garron Dean & Associates
Listed by Garron Dean & Associates
$2,600,000
311 days on market
Updated 41 days ago

Income Producing 4.7 Acres Southside Corpus Christi

Details
Property Type Industrial
Sub Type Flex
Square Footage 422,532
Units 2
Tenancy Multi
Lease Type Modified
Price per SqFt $13
Broker Co-Op Yes
Year Built 1950-1972
Year Renovated 1990 - 2016-2022
Buildings 2
Stories 1
Lot Size (SqFt) 422,532
Zoning Light Industrial
Occupancy Date 04/20/2022
Ceiling Height Different buildings, different heights....
Loading Docks 1
Dock High Doors 8
Ownership Sole Owner

Industrial | 422,532 SqFt

Marketing description

South 1/2 of McCORD BUSINESS CENTER (McBC)

Call the office at 361 992-4182 and ask for Mark

2 Solid Steel BUILDINGS, 5568 (20,640+-SF) and 5570 (3,000+- SF) Ayers St. and 4.7+- Acres of vacant land, Corpus Christi, Texas 78415

On the Clean, Much Safer, 'South Side' of Corpus Christi, mere seconds of the 'Cross-Town Expressway' for Easy and Convenient 'Come and Go'. Property is Fenced & Gated.

LOCATION, LOCATION, LOCATION.......

South ½ of McBC, approximately 4.7+- Acres, (194'+- On Ayers St.)

5568 Ayers St. Steel, 'Dock Height' 'Clear Span' 20,640 +- SF Building including A/C Offices, Coffee Bar, Restrooms, Covered Loading Dock & Ramp. LED lighting, 1,336+- SF of Central A/C offices (5 total), paneled walls & carpeted or tiled floors. 864+- SF Covered Loading Dock, concrete Ramp, and room for 5 18-wheelers. A Security system, water lines and 440 Electricity is run throughout the building. No Fire Sprinkler System. 19'-6”+- Center Height & 15' 8”+- Wall Height, Two 16' Tall X 14' Wide doors on the South & East sides, three 16' wide sliding doors on the North side and 25 Windows keep the building relatively cool in the South Texas summers. A new steel R-Panel roof was applied to this building in August of 2016. This building leases @ $10K per Mo, with 4 years left in the lease.

5570 Ayers St. Steel, 'Ground Level' 50' X 60', 3,000+-SF Building, with an adjoining 20'X 60' Carport over a slab. Peak Height is 21', wall height of 20', with 20' wide X 16'3” tall Drive-In door on West side and walk-in door on North side w/Burglar Bar covered windows. Has a Office, restroom w/shower, but not air conditioned. A new R-Panel Roof was put on this building in Feb 2022. 5570, and the building at 5568 is fenced with one 'shared' gate. This building will lease with almost 1½ Ac of hard pack ground @ $5.5K to $6.5K per Mo.

2+- Ac. of hard-packed vacant land in back of buildings leased to a Car Agency to park on @ $1.6K per Mo.

McBC Buildings/Land lease (or will) @ $51.3K Per Month, Plus there's over 2.8+- Ac. of Vacant, Hard Packed, Land (On North ½ = 1.037 Ac., On South ½ = 1.78 Ac.) Ready to Build more Income Producing Buildings on.

McBC 'Screens' our Lessee's carefully, we have a Strict Lease Agreement, and let 3 'Security-Worker Couples' live in their Own RV's on McBC 'Free' to keep it Safe, Secure & do Maintenance, that we pay their electricity, water and sewer for their work in a 'Trade-Out' situation, so There is NEVER any TROUBLE on McBC.

LIABILITIES: McBC's Total Avg. Yearly Expenses: Electricity $13.2K, Water/Gas $6K, Insurance, Min. $12K, Property Tax $32K, Security $19.2K, Internet $1.8K, Banking/Legal $1K, Ofc. Sup. $1K, Fuel $5K. TOTAL $91.2K.

Investment highlights

  • A CLEANER, SAFER, PART OF 'SOUTH-SIDE' CORPUS CHRISTI, TEXAS, I DO NOT BELIEVE COULD BE FOUND, AND MERE SECONDS TO ADN FROM THE CROSS-TOWN EXPRESSWAY, MAKES FOR EASY, CONVENIENT, COME AND GO TO THE PROPERTY.
  • ALL OF THESE RENTAL BUILDINGS ON McBC ARE DOUBLE STGRONG, AND ALL IN EXCELLENT CONDITION (except for one that needs to be torn down and a new building built on the existing slab, or slab widened).
  • COMPLETE 9.7+- ACRES IS FENCED AND GATED FOR SECURITY, PLUS THERE IS SECURITY SYSTEM AND SECURITY PERSONNEL LIVING ON THE PROPERTY 24/7/365. WE NEVER HAVE TROUBLE OR PROBLEMS ON McCORD BUSINESS CENTER.
  • THERE IS PLENTY OF MORE SPACE BETWEEN THE BUILDINGS FOR MORE, IF DESIRED, PLUS THERE IS 2+- ACRES OF VACANT, LEVEL, HARD-PACKED GROUND WHERE MORE BUILDINGS CAN BE BUILT.
  • TWO BUILDINGS LESE WITH OUTSIDE FENCED/GATED LAND FOR OUTSIDE STOREAGE OF GOODS.
  • SELLER MAY 'CARRY A NOTE' TO HELP THE PURCHASE OF THIS FINE INCOME PRODUCING PROPERTY.
  • FOR ADDITIONAL INFORMATION, SERIOUS BUYERS OR BROKERS ONLY: PLEASE CONTACT McCORD AT [email protected]

Listing Contacts

MP
TX TX 702989
Garron Dean & Associates
Listed by Garron Dean & Associates

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Additional Information

Name
Mark Pettigrove
License
TX 702989
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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