Cravey Real Estate Services, Inc. closed the sale of the La Playa and Outback Steakhouse restaurant properties at 4201 and 4221 S. Padre Island Drive in Corpus Christi, Texas.
Matthew Cravey of Cravey Real Estate Services, Inc. orchestrated the transition of this dual-tenant, 2.66 acre property from Oakhurst, LTD to RFC Retail CC, LLC. Although the exact sale price remains confidential, the property was listed with an asking price of $2.25 million.
The Outback Steakhouse is 6,717 square feet, hosts over 137,500 guests annually and has been a favorite fixture in the area since its inception in 1995. Originally constructed as a Carrabba’s Italian Grill then eventually closed, the building currently housing La Playa, a Mexican food restaurant, boasts 7,115 square feet of space.
