Two Tenant Medical Strip Center - 100% Leased
8,829 SqFt
Marketing description
This 100% occupied two-tenant medical strip (8,829 RSF) delivers stabilized, in-place tenancy with Citizens Medical Center and DaVita, with renewal options available. Located in Victoria’s main shopping district, the property has direct access to Zac Lentz Pkwy (33,685 VPD—highest count) with additional traffic flow from Navarro/US 77. The site is surrounded by national anchors and daily-trip retailers and is approximately a 4.4-mile (~12-minute) drive to Texas A&M–Victoria, supporting steady customer traffic and consistent demand for the tenants.
DEAL SUMMARY
Property: 2-Tenant Medical Strip (100% Occupied)
Address: 8206 N Navarro St, Victoria, TX 77904
Priced at: $2,100,000
Cap Rate: 7.35%
NOI: $154,415.04
Building Size: 8,829 RSF
Occupancy: 100%
Tenants: Citizens Medical Center + DaVita
Lease Structure: NNN
Traffic: Up to 33,685 VPD (Zac Lentz Pkwy – highest nearby count)
Proximity: Near Victoria’s primary retail district and near Texas A&M–Victoria
Investment highlights
Set in Victoria’s main retail trade area, this 100% occupied two-tenant medical strip is leased to Citizens Medical Center and DaVita—needs-based users that generate consistent weekday visits and repeat traffic. The property benefits from strong area circulation with traffic counts up to 33,685 VPD (Zac Lentz Pkwy), and it sits in the middle of the city’s most established commercial cluster—surrounded by national anchors and daily-trip brands (Target, Dillard’s, JCPenney, Hobby Lobby, Murphy USA, and multiple QSR). Add proximity to Texas A&M–Victoria, and you have a location supported by steady consumer flow, institutional demand, and a tenant mix that fits the corridor—making the real estate easy to understand, easy to underwrite, and easy to market.
Citizens Medical Center
Citizens Medical Center is a leading local healthcare provider serving Victoria and the surrounding area. Medical services generate daily demand from patients, staff, and visitors, supporting steady activity at the property and making this a practical, high-use clinic location.
Key Drivers
Primary local healthcare destination: serves as a goto provider for the Victoria trade area, bringing steady patient volume.
Daily activity base: consistent flow from patients, staff, and visitors—not dependent on retail cycles.
Trust + continuity of care: patients return for followups, referrals, and ongoing services, supporting repeat utilization
DaVita
DaVita is a national dialysis provider, and dialysis clinics run on scheduled, repeat patient visits—often multiple times per week. That creates steady, predictable traffic at the site and makes the location important to day-to-day
operations, which is why investors like this tenant type in a medical strip.
Key Drivers
Routine, repeat visits: dialysis requires scheduled treatments multiple times per week, creating reliable site traffic.
Service you can’t replace online: in-person clinical care drives consistent demand.
Convenience matters: patients prioritize easy access, quick in-and-out parking, and predictable routing, which supports strong site selection
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