Barnes & Noble
5201 BLANCHE D MOORE DRIVECorpus Christi, TX 78411
- INVESTMENT SALE FOR SALE
- Corpus Christi
- Total Acres: 2.98
- GLA(SF): 25,000
- CONTACT FOR MORE INFORMATION
- Sales Price: $6,225,000
- Cap Rate: 6.75%
- NOI: $420,000
Overview
- Rare opportunity to acquire an anchor store at Corpus Christi’s strongest retail intersection
- Barnes & Noble is thriving as customers return to physical bookstores
- Peripheral to traffic draws Target, Academy, H-E-B, Best Buy, Home Depot and others
- Traffic counts at the location equal 159,000 VPD
- Trade area of nearly 127,000 residents with six-figure average HH incomes
OFFERING MEMORANDUM
Traffic Counts
- Blanche D. Moore Drive:
- 7,186 vpd
- S Padre Island Drive:
- 110,860 vpd
Demographics
| YEAR 2025 | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Total Population | 12,407 | 124,906 | 214,800 |
| Total Households | 5,025 | 50,655 | 83,000 |
| Average HH Income | $74,044 | $87,060 | $93,636 |