2100 Padre Blvd. South Padre Island, TX 78597

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3 separate properties that must sell together. Plaza sold "As is, where Is" Subway has a guaranteed lease till 2025, restrictions on food venues, call for details. It only took a couple weeks to re-lease units 1, 2 & 3, #1-5yr lease $2K/Mo, #2 1yr lease at $1, 700/Mo, # 3-1yr lease at $1, 600/Mo. new lease. #4 lease Expires in Oct'23 at $1, 400/Mo but they want to renew for another year, Subway has a lease ($2000/Mo) till Mid'2025 where terms can be renegotiated and stay in same location after 30+yrs. See on Documents for floor plans. Other expenses; Electricity $2, 400.00Yr, Water $1, 400.00/Yr, Garbage $6, 000.00/Yr, BuildingMaint/grounds $ 12, 000.00/Yr