Barnes & Noble

Barnes & Noble

5201 BLANCHE D MOORE DRIVE
Corpus 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