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703 E Rio Grande St
Victoria, TX 77901
Rio Grande Center · Retail Property For Sale
Investment Highlights
- High Traffic Thoroughfare
- Fully Leased
Executive Summary
Opportunity to acquire a fully leased, income-producing commercial investment property in Victoria, Texas. This multi-tenant strip center offers immediate cash flow with established tenants already in place, making it an attractive addition to any investment portfolio.
Strategically located on a highly visible corner with convenient access to major thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to surrounding residential neighborhoods and commercial developments. The diverse tenant mix provides stable rental income while reducing vacancy risk.
The center features ample on-site parking, attractive storefront visibility, and updated exterior designed to serve a variety of retail, office, and service-oriented businesses. Victoria continues to serve as the economic hub of the Texas Crossroads region, supporting long-term demand for commercial space and providing investors with a solid market foundation.
Whether you're seeking a turnkey investment with immediate returns or a long-term asset in a growing regional market, Rio Grande Centre offers the stability, location, and income potential that investors seek.
Strategically located on a highly visible corner with convenient access to major thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to surrounding residential neighborhoods and commercial developments. The diverse tenant mix provides stable rental income while reducing vacancy risk.
The center features ample on-site parking, attractive storefront visibility, and updated exterior designed to serve a variety of retail, office, and service-oriented businesses. Victoria continues to serve as the economic hub of the Texas Crossroads region, supporting long-term demand for commercial space and providing investors with a solid market foundation.
Whether you're seeking a turnkey investment with immediate returns or a long-term asset in a growing regional market, Rio Grande Centre offers the stability, location, and income potential that investors seek.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,230 SF
Building Class
C
Year Built
1950
Price
$915,000
Price Per SF
$99.13
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
None - Victoria does not have zoning, however there are various development ordinances that require clearance.
Parking
20 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 45400-014-00200 | Improvements Assessment | $290,950 |
| Land Assessment | $245,050 | Total Assessment | $536,000 |
Property Taxes
Parcel Number
45400-014-00200
Land Assessment
$245,050
Improvements Assessment
$290,950
Total Assessment
$536,000
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