Corpus Christi, TX 78416
1949 S Padre Island Dr
$3,500,000
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Property Overview
About 1949 S Padre Island Dr
Capitalize on a rare, income-producing opportunity with this operating Fuddruckers Restaurant on 2.0885± acres of prime SPID frontage near Crosstown Expressway, backed by a triple net lease for stable, low-maintenance cash flow. The well-maintained restaurant building sits on approximately 1.38± acres, offering a flexible, modern layout for long-term food service or future adaptive reuse, while the remaining 30,927± square feet along SPID can be separately platted for a high-visibility ground lease or pad site sale. Enjoy cross-access with Walmart and multiple national brands, creating a built-in customer draw amid a vibrant mix of restaurants, retail, banking, hotel/motel, and entertainment. Neighboring merchants include Texas Roadhouse, Buffalo Wild Wings, Bubba’s 33, Olive Garden, IHOP, Candlewood Suites, Walmart, and Discount Tire, with traffic counts of 88,451 cars per day (ESRI 2022). Ideal for both passive investors and strategic owner-users seeking strong visibility, established tenancy, and outstanding development upside—reach out today to secure this high-performing corridor asset before it’s gone.
Property Highlights
- Status
- Active
- Price
- $3,500,000
- Property Type
- Business
- Bathrooms
- 0
- Living Area
- 6,670 Sq Ft
- Lot Size
- 2.09 Acres
- Year Built
- 2004
- Subdivision
- Spice Plaza
- MLS / Listing ID
- 473721
Listing attribution: Courtesy of Mirabal Montalvo & Associates · James Mirabal.
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Location & nearby active listings
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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Before you make an offer
Ask about foundation movement, since much of the city sits on expansive clay. On homes built before about 1975, ask whether the cast-iron sewer lines have been scoped. Check the flood zone and whether an elevation certificate exists. Ask for windstorm certificates on the roof, windows and any additions. On canal and bayfront homes, have the dock, boat lift and shoreline structures inspected. In newer areas such as the far Southside and London, ask which taxing districts and utilities serve the lot.
Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.
Good to know
Conditions change across the city. Inland neighborhoods sit on heavy clay that calls for foundation care; island and bayfront neighborhoods add salt air, marine structures and windstorm certification to the checklist.