4302 N Navarro St - Fast Food FOR SALE


Victoria, TX 77901
$3,436,000 USD
480-221-4221
4302 N Navarro St, Victoria, TX for Sale
$3,436,000 USD
Fast Food - FOR SALE
1/3
null | 5.25% Cap Rate

4302 N Navarro St
Victoria, TX 77901


HIGHLIGHTS

  • 8+ Years Remaining | Scheduled Rental Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership
  • Signalized, Hard Corner Intersection | Centre At Navarro | Primary Retail Corridor
  • Strong Demographics in the Immediate Trade Area

OVERVIEW

• The tenant currently has 8+ years remaining on their initial lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$3,436,000 USD

PRICE/SF

$1,107 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger - Victoria TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

-

APN/PARCEL ID

56650-001-00100

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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