For Sale
For Sale
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Year Built
2017
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Total Building Size
3,750 RSF
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Overview
SECURE INCOME STREAM
10-Year NNN Lease, 10% Increases Every 5 Years
Rare Tenant Maintained Parcel, Minimal Landlord Responsibilities
Corporate Guaranty with 800+ Locations, Government Declared Essential Retailer
4-Year Operating History, Established Patient BasePROXIMITY
Excellent Visibility Along Main Retail Artery with 34,072 Cars/Day
74,123 Residents in Growing Trade Area
Average Household Income Exceeds $81,000
Victoria is a Regional Hub for a 7 County Area Serving Over 250,000 Residents
Minutes to Victoria College and UH-Victoria with 8,361 Combined Students
5 Miles to Citizens Medical Center with 1,220 Employees
Just Off Zac Lentz Pkwy. with 39,470 Cars/Day
Located at Entrance to Victoria Regional Mall Anchored by Best Buy, TJ Maxx and CinemarkSTRONG MARKET FUNDAMENTALS
Surrounded by Dozens of National Tenants Including Target, Home Depot, Walmart, Sam’s Club, Lowe’s and Walgreens
2 Hours to San Antonio, Austin, Houston and Corpus Christi
Victoria is a Regional Transportation Hub with Access to Roadways, Air, Rail and Waterway Infrastructure
Property Details
SECURE INCOME STREAM
10-Year NNN Lease, 10% Increases Every 5 Years
Rare Tenant Maintained Parcel, Minimal Landlord Responsibilities
Corporate Guaranty with 800+ Locations, Government Declared Essential Retailer
4-Year Operating History, Established Patient Base
PROXIMITY
Excellent Visibility Along Main Retail Artery with 34,072 Cars/Day
74,123 Residents in Growing Trade Area
Average Household Income Exceeds $81,000
Victoria is a Regional Hub for a 7 County Area Serving Over 250,000 Residents
Minutes to Victoria College and UH-Victoria with 8,361 Combined Students
5 Miles to Citizens Medical Center with 1,220 Employees
Just Off Zac Lentz Pkwy. with 39,470 Cars/Day
Located at Entrance to Victoria Regional Mall Anchored by Best Buy, TJ Maxx and Cinemark
STRONG MARKET FUNDAMENTALS
Surrounded by Dozens of National Tenants Including Target, Home Depot, Walmart, Sam’s Club, Lowe’s and Walgreens
2 Hours to San Antonio, Austin, Houston and Corpus Christi
Victoria is a Regional Transportation Hub with Access to Roadways, Air, Rail and Waterway Infrastructure
- Property TypeRetail
- Year Built2017
- Sale Price$2,900,000
- Total Building Size3,750RSF
- Total Acres0.09
- Cap Rate6.0%
- Last updatedDec 26, 2023
- Property ID1778763