1949 S PADRE ISLAND DRIVE, CORPUS CHRISTI, TX 78416
Homes for sale in Corpus Christi.
Homes for sale in 78416.
1949 S Padre Island Drive
Corpus Christi, TX 78416
List Price$3,500,000
Listing #473721
About This Property
Capitalize on a rare, income-producing opportunity with this operating Fuddruckers Restaurant on 2.0885± acres of prime SPID frontage near Crosstown Expressway, backed by a triple net lease for stable, low-maintenance cash flow. The well-maintained restaurant building sits on approximately 1.38± acres, offering a flexible, modern layout for long-term food service or future adaptive reuse, while the remaining 30,927± square feet along SPID can be separately platted for a high-visibility ground lease or pad site sale. Enjoy cross-access with Walmart and multiple national brands, creating a built-in customer draw amid a vibrant mix of restaurants, retail, banking, hotel/motel, and entertainment. Neighboring merchants include Texas Roadhouse, Buffalo Wild Wings, Bubba's 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire, with traffic counts of 88,451 cars per day (ESRI 2022). Ideal for both passive investors and strategic owner-users seeking strong visibility, established tenancy, and outstanding development upside--reach out today to secure this high-performing corridor asset before it's gone.
Property Features
Location Information
County
Nueces
Subdivision
Spice Plaza
Interior Features
Heating
Central, Electric
Cooling
Central Air
Exterior Features
Stories
1
Lot Size in Acres
2.09
Foundation
Slab
Lot Size in Sq. Ft.
90,975
Possession
Close Of Escrow
Buildings
1
Water / Sewer
Public Sewer
Road Frontage
Highway, State Road
Water
Public
Has Waterfront
No
Parking Description
Concrete
Is One Story
Yes
Additional Information
Roof/Attic
Flat, Shingle
Property SubType 2
Commercial Sale
Other Utilities
Sewer Available, Water Available
Year Built
2004
Property Type
COM
Status
Active
Property SubType
Business
Square Feet Source
Appraiser
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Mortgage Calculator
$16,344
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,612
Monthly Tax
$2,916
Monthly Insurance
$816
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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