19593 FM 1686 - Commercial LAND FOR SALE


Victoria, TX 77905 86,684 SF
$385,000 USD
210-696-9996
19593 FM 1686, Victoria, TX for Sale
$385,000 USD
Commercial LAND - FOR SALE
1/4
86,684 SF

19593 FM 1686
Victoria, TX 77905


OVERVIEW

Offered at $385,000, this is an investment sale of a fee-simple land interest subject to an existing NNN ground lease with a Global Fortune 1000 renewable energy developer/IPP. Tenant is currently in the construction period, paying $30,000 construction rent, followed by $25,000 annual operating rent with scheduled annual escalations for the 20-year operating term, plus two (2) 5-year renewal options. The lease is triple net, with tenant responsible for taxes, insurance, and all site/improvement costs, providing a passive, predictable income stream and making the property an attractive option for long-term investors and 1031 exchange buyers.

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/ACRE

$193,468/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Chocolate Bayou BESS Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial

LAND ACRES

1.99 AC

LAND SF

86,684 SF

OFFSITE IMPROVEMENTS

Water, Electricity

ZONING

None

APN/PARCEL ID

00380-000-59401

ASK ABOUT THIS PROPERTY

Jesse AllenKW CommercialMore Info
210-696-9996

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Jesse AllenKW CommercialMore Info
210-696-9996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.