Property Description
3 separate properties that must sell together. Plaza sold “As is, where Is” Subway has a guaranteed lease till 2025, restrictions on food venues, call for details. It only took a couple weeks to re-lease units 1, 2 & 3, #1-5yr lease $2K/Mo, #2 1yr lease at $1,700/Mo, # 3-1yr lease at $1,600/Mo. new lease. #4 lease Expires in Oct’23 at $1,400/Mo but they want to renew for another year, Subway has a lease ($2000/Mo) till Mid’2025 where terms can be renegotiated and stay in same location after 30+yrs. See on Documents for floor plans. Other expenses; Electricity $2,400.00Yr, Water $1,400.00/Yr, Garbage $6,000.00/Yr, BuildingMaint/grounds $ 12,000.00/Yr
Address Map
- Street Number:
- 2100
- Street:
- Padre Blvd.
- Subdivision:
- Padre Beach Sec II
- Building:
- 2100 Island Plaza
- Longitude:
- W98° 50' 2.6''
- Latitude:
- N26° 6' 0.1''
- Location Text:
- 2100 Padre Blvd., South Padre Island, Texas 78597
MLS Addon
- Location Description:
- City,Corner Lot,Gulf Interior,Interior Lot,Padre B
- Lot #:
- 1
- Block #:
- 20/25
- Source SqFt:
- CCAD
- Tax Year:
- 2022
- Zoning:
- PBS
- Taxes:
- $24,810
- RETS STATUS:
- Active
- LO Name:
- Troy Giles Realty
- Property Status:
- Active
- Finance:
- Bank Loan,Cash,Conventional
Commercial For sale
2100 Padre Blvd., South Padre Island, Texas 78597
4,792 Sqft
$1,475,000
Listing ID #98818
Basic Details
- Property Type :
- Commercial
- Listing Type :
- For sale
- Listing ID :
- 98818
- Price :
- $1,475,000
- View :
- Interior
- Built Up Area :
- 4,792 Sqft
- Year Built :
- 1988
- Lot Area :
- 29,635 Sqft
- Days On Market :
- 41
- Structure :
- Business Service,Franchise,Restaurant,Other
Contact Agent
