2100 Padre Blvd., South Padre Island TX 78597

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$1,475,000

2100 Padre Blvd., South Padre Island, TX 78597

bedrooms

bathrooms

square feet

4,792

Acreage

Open Houses

year built

1988

Full Baths

Half Baths

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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

Location
Subdivision	Padre Beach Sec Ii
County	Cameron
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 98818

Listing agent: Edmundo Laguera

Listing broker: Troy Giles Realty And Management (956) 761-2040

Copyright © 2024 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, November 8 2024 at 6:23 a.m. EST

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