8809-8811 N Navarro St
Victoria, TX 77904
Victoria Retail Center · Retail Property For Sale

The subject property is situated in front of an Academy and a Kohl's in the mail retail corridor of Victoria. Directly across the street from the subject is a Walmart Supercenter and Sam's Club. In the immediate vicinity, there is a Lowe's, Home Depot, Target, Best Buy, T.J. Maxx, Ross, PetSmart, Bed, Bath & Beyond, Office Depot, Sears and Dillard's. There is a signalized access drive adjacent to the property as well as a large pylon sign. The average household income within a one and three mile radius is over $80,000. The property is a 9,500 square foot retail center situated on 1.2191 acres with three tenants: Prosperity Bank with approximately 230 locations in Texas, Domino's Pizza and a dentist. All tenants are reimbursed for CAM, taxes, insurance and management fees. The property was built in 2008. 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. Manufacturing of petrochemicals, namely plastics and fabrics have been a key contributor to growth in the region. 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. Major employers in the manufacturing sector include Formosa Plastics Group, the Inteplast Group, Invista, Alcoa, Dow and Caterpillar.