This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

108 Twin Fountains Dr
Victoria, TX 77904
Nextcare Urgent Care | 11yr Corp Abs NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 11-Year Lease | Annual 2% Rental Increases | Options to Extend | Corporate Guaranty
  • Located Along Main Highway | Across the Street from Hospitals & Clinics | Close Proximity to Victoria Mall
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-mile Trade Area

PROPERTY FACTS

Property Type
Retail
Building Size
10,698 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.18 AC
Zoning
Commercial
Parking
43 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
43’ on N Main St

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 108 TWIN FOUNTAINS DR , VICTORIA, TX 77904

The NextCare Urgent Care property is located directly along US Highway 87, just near the on/off ramps to US Highway 77, with a combined 34,500 vehicles passing by each day. The asset is ideally positioned across the street from a number of medical facilities such as the PAM Rehabilitation Hospital of Victoria, Warm Springs Specialty Hospital, and the DeTar Hospital North, providing excellent crossover synergy. The DeTar Hospital is expected to undergo a $3.3 million renovation, covering primarily the second floor which focuses on the hospital’s labor and delivery, and women’s services units. The property is just 1-exit south on US Highway 77 from the Victoria Mall (679,000 SF of retail) anchored by JCPenney, Bealls, Dillard’s, T.J. Maxx, and Best Buy, increasing consumer traffic to the immediate area. Other notable national/credit retailers surrounding the mall include The Home Depot, Target, PetSmart, Lowe’s Home Improvement, Walmart Supercenter (24-hour), Sam’s Club, Academy Sports + Outdoors, Kohl’s, Walgreens, and more, further increasing crossover shopping. The 5-mile trade area is supported by a population of over 67,000 residents with an average household income of $74,000. The 1-mile trade area boasts an average household income exceeding $164,500.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40156-001-00100
Land Assessment
$153,350
Improvements Assessment
$1,499,650
Total Assessment
$1,653,000
  • Listing ID: 19104624

  • Date on Market: 4/3/2020

  • Last Updated:

  • Address: 108 Twin Fountains Dr, Victoria, TX 77904

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}