COASTAL DESTINATION · TX
South Padre Island
Texas' #1 beach destination.
South Padre Island is a captive island commercial corridor — there's only one road in, and demand for retail and hospitality outpaces supply. Combined with SpaceX Starbase development nearby and major LNG facility expansion, SPI is one of the most asymmetric growth bets on the Texas coast.
POPULATION
~2,500 permanent (millions of annual visitors)
GROWTH
11%+ projected population growth 2025–2030
PRICING
Retail: $24–$32/SF NNN typical
SUBMARKETS & ANCHORS
What We Cover
- ▸Padre Blvd retail corridor
- ▸Hospitality (200+ hotels and condos)
- ▸SpaceX Starbase adjacency
- ▸Rio Grande LNG facility expansion
- ▸Opportunity Zone properties available
WHY INVEST HERE
Investment Thesis
- ✓Captive corridor → limited supply
- ✓SpaceX + LNG drive permanent demand
- ✓Spring break + summer + Winter Texans = 3 seasons
- ✓Opportunity Zone tax benefits
PRIMARY INDUSTRIES
Economic Drivers
Tourism / hospitalityRetailRestaurantVacation rentalMarine
OTHER TEXAS MARKETS
Where We Work
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