3509 Houston Highway
Victoria, TX 77901
Price:
$2,000,000
Cap Rate:
5.25%
NOI:
$105,000
Building Size:
Approx. 2,824 Sq. Ft.
Lot Size:
Approx. 0.98 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 2,824+/- SF Building on 0.98+/- Acre Site
- 20-Year Absolute NNN Ground Lease w/ 8% Rental Increases
- Signalized, High-Traffic Intersection of US 59 & Delmar Dr (35,500+ Combined VPD)
- Less than 1 Mile Away from University of Houston – Victoria | Over 4,000 Students Enrolled
- Closest Gas Station to University of Houston – Victoria Student Housing | Over 500 Beds
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
- Victoria | Home to the Largest Medical Community in the Golden Crescent Region | Population: 67,974
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