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
List Price$599,900
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
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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
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