3502 N LAURENT STREET #A, VICTORIA, TX 77901

Homes for sale in Victoria.

Homes for sale in 77901.


3502 N Laurent Street #A

Victoria, TX 77901

Active

List Price$599,900

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #605481

2,801

Square Feet

Commercial

Type

About This Property

This prime commercial property presents a rare opportunity to acquire a true Absolute NNN leased pharmacy investment secured by a corporate healthcare tenant, Qualthera Health Corporation, operating as Central Drug. The lease runs through September 2034, providing approximately 8+ years of firm term remaining, plus one three-year renewal option. Current rent is strong and with a CPI-U inflation adjustment beginning November 1, 2029, offering built-in income growth tied to the Houston-The Woodlands-Sugar Land index. This is a true zero-landlord-responsibility structure: Tenant pays all real property taxes, insurance, utilities, maintenance, repairs, roof, structure, parking lot, and all capital expenditures, with no rent abatement rights except as expressly provided in the lease. The 2,801 SF building sits on a 0.62-acre hard corner lot in Victoria, Texas, offering excellent visibility, strong traffic exposure, abundant parking, and a newer concrete parking lot. The property has been fully remodeled and is well maintained, with Tenant accepting the premises in "as-is" condition and bearing full repair obligations throughout the term. Pharmacy use is restricted to retail compounding operations, reinforcing long-term healthcare tenancy stability. This asset provides investors with defensive, necessity-based retail income, corporate lease structure, inflation-protected rent growth, and one of the strongest landlord-favorable lease formats available--an ideal opportunity for 1031 exchange or passive income buyers seeking predictable cash flow with minimal management exposure.

Property Features

Location Information

County

Victoria

Directions

When headed north on Laurent, the property is on the right side of the road between Rosebud and Mimosa cross streets

Subdivision

Parkwood

Interior Features

Heating

Central

Floors

Concrete, Vinyl, Carpet Free

Cooling

Central Air, 1 Unit

Disabled Features

Grab Bars, Levered Handles, Accessible Approach with Ramp, Accessible Doors

Exterior Features

Stories

1

Water Body

None

Construction/Exterior

Brick Veneer, Frame, Lap Siding

Has Waterfront

No

Foundation

Slab

Has View

No

Possession

Closing & Funding, Closing

View

None

Parking Description

Parking Space(s), Driveway Level

Is One Story

Yes

Lot Size in Acres

0.619

Additional Information

Other Utilities

High Speed Internet Available

Year Built

1958

Property Type

COM

Status

Active

Property SubType

Commercial

Amenities

None

Property SubType 2

Commercial Sale

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$2,799

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,161

Monthly Tax

$499

Monthly Insurance

$139

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder