Portfolio of 5 For Sale

PORTFOLIO SALE ONLY 

Transwestern and The Gaines Organization, Inc. have been exclusively retained to offer qualified investors the opportunity to acquire Woodlawn Retail Center. In addition to the center, the offering also includes an adjoining vacant parcel and three vacant land parcels in the area. 

This is a unique and rare opportunity as ownership has held these assets long term and recently made the decision to sell. Woodlawn Retail Center consists of two buildings located at 3719-3791 Leopard St in Corpus Christi. The property was developed in 1966 and has been renovated several times since. The two buildings are 73,000 SF and 7,300 SF and are well positioned on the site to provide maximum visibility and accessibility for tenants.

Woodlawn

The property is currently approximately 27% leased thereby providing an excellent opportunity for value creation through lease up or redevelopment. The estimated Net Operating Income is approximately $175,000. The site on which the property is located is approximately 8.69 acres. In addition, there is an adjoining 0.95 acre parcel as part of the offering, thereby providing a total site potential of 9.64 acres. For buyers interested in redevelopment of the property, this property provides a unique opportunity to develop a mature infill location with a variety of commercial uses.

Additional Land Sites - In addition to Woodlawn Retail Center, the seller is offering four separate parcels for potential development or re-sale.