1606 N Navarro St, Victoria, TX 77901 For Sale

LEASE & LOCATION

• Long-Term Tenancy by National Retailer – Family Dollar has successfully operated at this location since 2017, demonstrating location stability and tenant commitment.

• Double Net (NN) Lease Structure – Tenant is responsible for property taxes, insurance, and maintenance, reducing landlord responsibilities and expense exposure.

• Recent Capital Improvements – Roof replacement completed within the past five years, minimizing near-term capital expenditure risk.

• Strong Visibility Along Major Retail Corridor – Positioned on Interstate 77, a primary arterial route in Victoria with daily traffic counts nearing 20,000 vehicles, enhancing exposure and access.

• Proximity to National Retailers – Located near established brands such as Taco Bell, UPS, Chick-fil-A, and Whataburger, supporting sustained consumer traffic and synergistic tenant synergy.

• High Initial Yield – Offered at a 9% cap rate on day one, with approximately three years of remaining lease term, providing immediate income generation and attractive cash-on-cash returns.

• Accessible Price Point – Offered below $1 million, presenting a rare opportunity for investors seeking stabilized income at a lower basis.