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1606 N Navarro St
Victoria, TX 77901
FAMILY DOLLAR · Retail Property For Sale
Investment Highlights
- Recent Capital Improvements – Roof replacement completed within the past five years, minimizing near-term capital expenditure risk.
- High Initial Yield – Offered at a 9% cap rate on day one, with approximately three years of remaining lease term.
- Strong Visibility Along Major Retail Corridor – Positioned on Interstate 77, a primary arterial route in Victoria.
- Accessible Price Point – Offered below $1 million, presenting a rare opportunity for investors seeking stabilized income at a lower basis.
- Proximity to National Retailers – Located near established brands such as Taco Bell, UPS, Chick-fil-A, and Whataburger.
- Double Net (NN) Lease Structure – Tenant is responsible for property taxes, insurance, and maintenance.
Executive Summary
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Year Built/Renovated
1933/2020
Price
$722,223
Price Per SF
$72.22
Cap Rate
9%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.44 AC
Parking
18 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
86’ on N Navarro St
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 44800-069-00200 | Improvements Assessment | $665,030 |
| Land Assessment | $226,310 | Total Assessment | $891,340 |
Property Taxes
Parcel Number
44800-069-00200
Land Assessment
$226,310
Improvements Assessment
$665,030
Total Assessment
$891,340
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