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5425 South Padre Island Drive

Jahan Moslehi Of Bridge33 Capital Acquires 379035 SF Retail Center In Corpus Christi
SOLDRetail

Jahan Moslehi Of Bridge33 Capital Acquires 379035 SF Retail Center In Corpus Christi

5425 South Padre Island Drive

Building Size

379,035 SF

Asset Type

Retail

Closing

Jan 21, 2026

AI

The property asset involved in this transaction is a retail center located at 5425 South Padre Island Drive in the Corpus Christi market. The asset encompasses a total square footage of 379,035 and is anchored by major tenants including Hobby Lobby and Old Navy.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Buyer: Jahan Moslehi - Bridge33 Capital
  • Seller: Danny Lovell - The Rainier Companies
  • Brokers: David Disney & Adam Crockett - Disney Investment Group
  • Market: Corpus Christi
  • Notable Achievements: Disney Investment Group has facilitated over $3.1 billion in retail property transactions since 2012.

This transaction was represented by Jahan Moslehi from Bridge33 Capital as the buyer and Danny Lovell from The Rainier Companies as the seller. The deal was brokered by David Disney and Adam Crockett from Disney Investment Group, highlighting their expertise in retail property transactions.

Players

David Disney

Disney Investment Group

Broker

$82.2M

vol

13 deals

Broker
Bridge33 Capital
Bridge33 CapitalBuyer

Corpus Christi Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93