5201 Crosstown Expy

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5201 Crosstown Expy

corpus-christi, TX 78416
Asking Price
$2.70M
Asset Type
Retail
Class
Class B

What's Special

5201 Crosstown Expressway is situated in a high-traffic commercial corridor in Corpus Christi, Texas. The property offers direct frontage along State Highway 286, a primary north-south artery connecting the downtown district to the South Side residential neighborhoods. The immediate surrounding area features a mix of established retail centers, automotive services, and dense residential communities. Nearby amenities include national quick-service restaurants, grocery stores, and regional shopping hubs. The location provides convenient transportation access via the expressway’s frontage road, ensuring high visibility and ease of entry for commuters traveling throughout the coastal bend region. The property is suited for retail operators seeking significant drive-by exposure and regional accessibility. Ideal use cases include specialized showrooms, neighborhood service providers, or high-volume discount retailers. The typical tenant profile consists of businesses that benefit from a central location with a high daily vehicle count, such as cellular providers, insurance agencies, or medical suites. Given the local demographics and proximity to major thoroughfares, the site supports tenants focused on both convenience-based services and destination retail. The layout is versatile, accommodating various commercial configurations required by modern service-oriented businesses.

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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522

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