8702 N Navarro St
Victoria, TX 77904
Popeyes Louisiana Kitchen · Retail Property For Sale

CBRE is offering to qualified investors the opportunity to purchase the fee simple interest in the commercial property located at 8702 North Navarro Street in Victoria, Texas (the "Property"). The free-standing facility is leased to LB Northwest Management, LLC operating as Popeyes Louisiana Kitchen, Inc. ("Popeyes"). LB Northwest Management, LLC is a Houston-based management company which operates more than 20 Popeyes Louisiana Kitchen units across the Midwest region. Throughout 2017, LB Northwest Management, LLC will continue to grow its portfolio of Popeyes restaurants. Victoria, Texas is a city located 30 miles inland from the Gulf of Mexico and within an equidistant two-hour drive of Corpus Christi, Houston, San Antonio, and Austin. The city is a regional hub for a seven-county trade area and serves a retail trade area of more than 250,000 people. + Activity stemming from the Port of Victoria is estimated to have created a $10 billion impact, which includes the construction of new docks and rail expansion + In 2014, The Milken Institute, a non-profit, non-partisan think tank, ranked Victoria, Texas the third best-performing small city in the country based on job, wage, and high tech GDP growth + The University of Houston Victoria and Victoria College are approximately 5 miles away from the Property and boast a combined enrollment of 8,500+ students and employment of +/-696 full-time faculty and staff