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Tuesday, January 18,
2000
Annaville sees jump in commercial property sales
Banks, fast food restaurant, auto parts and discount stores planned
By Andrea Jares
Caller-Times
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While many people spent
December finishing up holiday shopping or worrying about how their computers were
going to survive the change from the 1900s to the 2000s, Haynes Realty Co. in
Annaville was selling land.
The property sold that month will mean an auto parts store, two discount
stores and a fast food restaurant for the Annaville area, said Harold Haynes,
broker.
O'Reilly Auto Parts is expected to open a store at the corner of
Leopard Street and Leonard Drive. The location was the site of Nueces National
Bank before it moved to a new mission-revival-style building at 3306 McKinzie
Road, near the corner of Up River Road.
The auto parts chain closed on the 2-acre space by 10935 Leopard
St. on Dec. 28, Haynes said.
The Family Dollar also bought an 8,000-square-foot location at 11033
Leopard St.
On Dec. 15, the Sonic Corp. purchased lots at 11121 and 11125 Leopard
St., he said. This will be a relocation of the Sonic now at 10666 Leopard, according
to a company representative.
Some stores are being retrofitted to add extra neon and the curvy
modern shapes. Many times the company will go to a larger piece of property to
add extra stalls. The extra stalls don't cost more, but they add the number of
customers who can come to the business.
And that's just the development scheduled in the commercial area
between Violet and McKinzie roads.
Farther north at the corner of Leopard Street and Callicoate Road,
Fulton Construction is building the first branch office for the First State Bank
of Odem. The 7,100-square-foot bank is expected to open in September and employ
12 people.
And in the Five Points area, at 14102 Farm-to-Market 624 near the
Cancer Institute of Corpus Christi, Haynes Realty sold a tract to Dollar General
on Dec. 27.
Haynes said the resurgence of retailing has been spurred by other
types of investment in the community, particularly banks. Several banks are choosing
to settle in the Annaville area: Nueces National Bank built an elaborate bank;
First State Bank of Odem is placing its first branch there; and Charter Bank has
finished an expansion.
"They have really spurred that area," Haynes said. "Development begets
development."
Those are signs that this commercial part of Leopard may be looking
at a rebound, Haynes said.
On Real Estate is published every
other Tuesday in the Business section. Business writer Andrea Jares can be reached
at 886-3678 or by e-mail at jaresa@caller.com
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