Victoria, Texas Investment Sale
$1,672,680
2929 North Laurent Street, Victoria, TX 77901
For Sale
Retail
Active
Last Updated: 09/02/2026
7.5
Cap Rate
125,451
NOI
Details:
Cap Rate: 7.5%
NOI: $125,451
Building Size: 7,792 sqft
Lot Area: 0.75 acres
Year Built: 1961
Price Per Sqft: $209.48
Highlights:
- Great location on the signalized intersection of North Laurent Street and East Airline Road with excellent visibility and access
- Strong surrounding demographics and proximity to retail, residential neighborhoods, and major employers
- Two freestanding buildings, both 100% leased. Tenant is Water Well Cafe
- Water Well Cafe is a family owned and operated restaurant that Victoria locals love. Voted Best of the Best overall restaurant in Victoria for the year 2022
- Absolute NNN lease with a fully passive ownership structure — ideal for hands-off investors
- Brand-new HVAC system, installed August 2026 — no near-term replacement costs for tenants/buyer
Documents:
| Title | ||
|---|---|---|
| Offering Memorandum |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
