U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > Texas > Corpus Christi
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 03-07-2015, 06:46 PM
 
Location: Corpus Christi
61 posts, read 255,589 times
Reputation: 42

Advertisements

Does anyone know why commercial property to lease is so expensive in the city of Corpus and the surrounding metro? Seems like everyone wants way too much and would rather have a building remain vacant with no income at all than to negotiate and take something over nothing.

Reply With Quote Quick reply to this message

 
Old 03-13-2015, 11:05 AM
 
Location: St Thomas, USVI - Seattle, WA - Gulf Coast, TX
811 posts, read 844,868 times
Reputation: 2299
I'm finding property taxes and insurance costs to be quite high as I look around CC at potential home purchases. Undoubtedly, that factors in big-time with commercial properties (no residential homestead discount or other discounts on property taxes, on top of it all) and causes higher rents across the board.

I've no idea why it seems some building owners would rather hold onto a vacancy than lower their rent though. I see that a lot where I'm currently at in the Virgin Islands as well. Here, I chock it up to a total lack of drive and common sense (an epidemic that I'm gathering plagues CC as well, from reading these threads), but perhaps there is some kind of tax break under the hardship of vacancy or something?
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Corpus Christi
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top