1301-1321 Ayers Street

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1301-1321 Ayers Street

Corpus Christi, TX 78404
Asking Price
$100K
Asset Type
Retail
Class
Class B

What's Special

Located at 1301-1321 Ayers Street, this retail property sits within a high-traffic corridor in the central business district of Corpus Christi. The surrounding neighborhood features a mix of established residential pockets and commercial developments, positioned near the major intersection of Ayers Street and South Staples Street. The site offers convenient access to the Crosstown Expressway (SH-286), linking the property to the greater Corpus Christi metropolitan area. Nearby amenities include localized professional services, fast-casual dining options, and public transit stops, ensuring consistent visibility and accessibility for commuters and local residents alike. The property is suited for versatile commercial applications, including neighborhood-focused retail, specialty boutiques, or service-oriented businesses like insurance agencies and salons. Due to its street-front presence and local accessibility, the asset provides an ideal environment for small-to-midsize businesses seeking a central urban location. The typical tenant profile includes local entrepreneurs or regional franchises looking to capture the area's steady daytime population and high drive-by volume. With flexible floor plans, the space can accommodate configurations for traditional storefronts or office-integrated retail setups.

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NOI
$80,000
Cap Rate
80.00%
DSCR
13.47
Strong
Cash-on-Cash
246.88%
Monthly Payment
$494.745
Annual Cash Flow
$74,063.055

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