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
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