9007 N US Hwy 59 - Warehouse FOR SALE


Victoria, TX 77905
$2,900,000 USD
310-977-1651
9007 N US Hwy 59, Victoria, TX for Sale
$2,900,000 USD
Warehouse - FOR SALE
1/7
null | 7.11% Cap Rate

9007 N US Hwy 59
Victoria, TX 77905


HIGHLIGHTS

  • Strategic location along U.S. Highway 59 with excellent regional connectivity.
  • High-visibility frontage on a major transportation corridor serving South Texas.
  • Convenient access to Victoria, Houston, Corpus Christi, and surrounding markets.
  • Positioned within a key logistics and commercial route supporting regional business activity.
  • Suitable for industrial, commercial, service, distribution, or development uses.
  • Strong accessibility for customers, employees, vendors, and truck traffic.

OVERVIEW

• Fortune 500 Credit Tenant – The Goodyear Tire & Rubber Company (NASDAQ: GT) is a Fortune 500 industry leader with over 120 years of operating history and approximately $20 billion in annual revenue. As the largest tire manufacturer in North America, Goodyear serves both consumer and commercial markets across more than 180 countries with a global network of manufacturing and distribution facilities. • Rare Goodyear Commercial / Industrial Facility – Unlike typical Goodyear retail tire shops, this property operates as a Goodyear Commercial Tire & Service Center, serving a B2B customer base of trucking fleets, logistics operators, construction firms, municipalities, and other heavy equipment users. Supported by fleet service contracts and high-value recurring business, this model provides stronger tenant commitment and greater income stability than traditional walk-in retail locations. • Attractive Inflation-Hedged Growth – Goodyear’s lease features highly desirable “The Greater of CPI (Consumer Price Index) or 3.00%” annual rent escalations, delivering consistently strong income growth and a built-in hedge against inflation rarely found in today’s net lease market. • Strategic “Crossroads of South Texas” Location – Nicknamed the “Crossroads of South Texas,” Victoria sits at the convergence of U.S. Highways 59, 77 and 87, providing convenient connectivity to Houston, San Antonio, Austin and Corpus Christi. Positioned directly along U.S. Highway 59, part of the future Interstate 69 corridor, and near the Port of Victoria, the property benefits from exceptional access to major highway, freight, industrial and Gulf Coast trade corridors. • Functional IOS Facility – This ±20,258 sq. ft. facility features ten (10) grade level doors and is situated on a ± 4.16-acre lot (11% Building/Lot Coverage) allowing for abundant yard space for outdoor storage, maneuvering heavy equipment, and providing flexibility for future expansion. • Income Tax Free State - Texas benefits from no state income tax offering significant financial advantages for businesses and investors, enhancing profitability and making it an attractive location for long-term growth and investment.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

14

PARKING SPACES

71

LAND DETAILS

LAND ACRES

4.16

LAND SF

181,210

ZONING

0004

APN/PARCEL ID

58010-001-00100

ASK ABOUT THIS PROPERTY

Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

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Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

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