Property Description
Finial Group is pleased to present an exclusive investment opportunity at 427 NAS Drive, a free-standing, single-tenant retail property located in Corpus Christi, Texas. This offering provides investors with the ability to acquire a stabilized asset through a structured sale-leaseback, delivering immediate cash flow backed by an in-place operating business.
Strategically positioned on approximately 0.72 acres (31,363 square feet), the property features a 2,540 square foot retail building with strong visibility and accessibility. The site benefits from its proximity to key traffic corridors and surrounding commercial activity, supporting long-term tenant viability and consistent consumer demand within the trade area.
The offering is structured as a sale-leaseback at a rental rate of $16.00 per square foot, providing a predictable income stream at an 8.00% capitalization rate. This structure allows investors to secure day-one yield while mitigating lease-up risk, making it an attractive option for both passive investors and yield-focused capital.
Corpus Christi continues to demonstrate steady economic fundamentals driven by port activity, tourism, and regional population growth. The combination of a well-located retail asset, committed tenancy, and above-market yield positions 427 NAS Drive as a compelling addition to any investment portfolio.
This investment represents a rare opportunity to acquire a high-yield retail asset with built-in income and favorable pricing dynamics. With its strong fundamentals, strategic location, and structured cash flow, 427 NAS Drive offers both stability and upside potential in a growing coastal Texas market.
Location
427 Nas Drive
Size
2,540 SF