2100 Padre Blvd.South Padre Island, TX 78597
List Price: $ 1,475,000
MLS: 98818
MLS: 98818
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Listing Details for 2100 Padre Blvd.
2100 Padre Blvd. 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
- Price: $1,475,000
- Blk Num: 20/25
- Lot Num: 1,3 1
- Lot Size: 29635
- Zip: 78597
- Taxes: $24,810
Listing Information
- Provided by: Troy Giles Realty