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Net Leased WellMed 14702 Northwest

14,750 SF Retail Building Corpus Christi, TX 78410 For Sale

Investment Highlights

  • WellMed Medical Management Inc. is a subsidiary of UnitedHealthcare.
  • (2) Five Year Options at $25.00/SF/year and $25.50/SF/year
  • NNN Lease Structure with Landlord Responsible for Roof & Structural. Tenant Pays All Taxes, Insurance and Maintenance
  • Brand New Construction With a 10 Year Lease at $22.50/SF/year (years 1-5) and $23.50/SF/year (years 6-10)
  • NNN Lease with Tenant Paying Initial Cost of $8.00/SF/year for CAM, Taxes, and Insurance
  • Well Positioned Along Northwest Blvd; a Major Retail Thoroughfare Seeing 24,000+ Vehicles Per Day

Executive Summary

Cravey Real Estate Services, Inc. is please to exclusively offer for sale the approximately 14,750 SF Wellmed located at 14702 Northwest Blvd in Corpus Christi (Calallen), Texas. This deal includes brand new construction with a 10-year lease.
WellMed is a network of doctors, specialists and other medical professionals that specialize in providing care for more than one million older adults with over 16,000 doctors’ offices serving over 200,000 patients in Texas and Florida. WellMed is a part of Optum, a UnitedHealthcare company.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
14,750 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Tenancy
Single
Building Height
1 Story
Frontage
540 FT on Northwest Boulevard

Nearby Major Retailers

Ww (weight Watchers)
K-BOB'S Steakhouse
Prosperity Bank
Starbucks
  • Listing ID: 32707749

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 14702 Northwest, Corpus Christi, TX 78410

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