$1,475,000
0.68 Acre Lot

2100 Padre Blvd., South Padre Island Tx 78597

  • Commercial Sale Property Type
  • Paved Cars Garage
  • 1988 Year Built
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

Basic Details
Commercial Sale
For Sale
98818
$1,475,000
1988
0.68 Acre
Active
Troy Giles Realty
Edmundo Laguera
Commercial
: Tile
Features
: Electric
: Central Air
: Paved
: Tile
: High Speed Internet
: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Water District
: Gulf Interior
Address Map
US
TX
Cameron
South Padre Island
78597
Padre Blvd.
2100
W98° 50' 2.5''
N26° 6' 0''
South Padre Island
PBS
Neighborhood
Point Isabel ISD
Point Isabel ISD
Point Isabel ISD
Additional Information
tour.usamls.net/2100-Padre-Blvd-South-Padre-Island-TX-78597--98818/unbranded
5
: Corner Lot, Interior Lot, City Lot
: Stucco, Block, Frame
Professional Service,Franchise,Restaurant,Other
4792
Financial
24810
Listing Information
23_69
23
Bank Loan,Cash,Conventional
Active
2025-02-22T00:09:31Z
SPIMLS
Agent Info
Logan Hardison
StarProperty
Star Properties Real Estate, 322 W Nolana Ave, McAllen, TX 78504 USA
Contact Agent
Contact Us
(956)664-2121