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Although this information is believed to be accurate, it can not be guaranteed. Price and terms subject to change without notice.
Principal Broker: Troy Giles
1600 PADRE BLVD
Location, Location, Location!
Building & Land For Sale
Offered By: Office: 956-761-2040 Mobile: 956-551-2040
Troy W. Giles
TROY GILES REALTY
5813 PADRE BOULEVARD SOUTH PADRE ISLAND, TX 78597
www.TroyGilesRealty.com
LOCATION, LOCATION, LOCATION! Building and land for sale with long term tenants. Outstanding location on Padre Blvd next door to CVS phar-
macy. In the heart of South Padre Island. Additional land available to build a +/- 3,000 sq. ft. building.
List Price: $785,000.00
Listing Agent: Troy Giles (956) 551-2040
Although this information is believed to be accurate, it can not be guaranteed. Price and terms subject to change without notice.
Principal Broker: Troy Giles
License Number: 0482551
1600 PADRE BLVD
LEGAL DESCRIPTION: So Padre Island, Sunny Isles Lot 10-12 Blk 4
LOCATION: 1600 P adre Blvd., South Padre Island, Tx
LOT SIZE: 100’ x 150’
BUILDING SQ. FT.: 3,744 Sq. Ft.
TAX ID: 6-8000-0040-0100-00
TAXES: $8,058.23
SHOWING INSTRUCTIONS: Long Term Tenants, Call Troy for Appt.
LIST PRICE: $785,000.00
LISTING AGENT: Troy Giles, (956) 551-2040
Email: [email protected]
PHOTOGRAPHS
AERIAL PHOTOGRAPHS
MLS INFORMATION
Although this information is believed to be accurate it cannot be guaranteed.
Becky’s Place
Rent: $1670/month
Unique women's boutique while visiting
South Padre Island where you will find
name brand, high style ladies fashions, ap-
parel, accessories, and jewelry.
Ace Tatoo
Rent: $1970/month
Premier tattoo parlor on South Padre Is-
land. Very popular during peak season and
spring break.
Total Income from Rent: $3,640.00
Tenants pay all utilities. $20 per month is collected for water (there is only one
meter).
Each renter has agreed to an automatic 6 month extension of each of their leases
from the date that a contract has been accepted for this property. All terms and
conditions and rental amounts must remain for a 6 month period. A purchaser of
this property must agree to these terms in writing
7
RENTAL INCOME
Although this information is believed to be accurate it cannot be guaranteed.
PROPERTY FEATURES:
Building with land for sale in the “heart” of South Padre Island
Located next to CVS Pharmacy on Padre Boulevard
Two long term tenants
INCOME:
ACE - $1,970.00
BECKY’S - $1,670.00
TOTAL - $3,640.00 (X 12 MONTHS)
EXPENSE:
TAXES - $9,001.98
INSURANCE - $6,109.00
MAINTENANCE - $354.00
MOWING - $200.00
TOTAL - $15,662.98
TOTAL PROFIT: $28,017.2
14
PROPERTY INFORMATION
Although this information is believed to be accurate it cannot be guaranteed.
16
SPACE PLAN
SURVEY
COMMERCIAL PROPERTY MAP
Although this information is believed to be accurate it cannot be guaranteed.
22
ISLAND MAP
Offered by:
Troy Giles
Troy Giles Realty and Management
5813 Padre Blvd.
South Padre Island, Tx 78597
www.tgreo.com
