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Ryan Childress

ryanchildress@purerealty.com +1(512) 686-1061

$599,900

Est. payment - /mo

2,801 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 2,801 sqft

Price per Sqft $214

Subdivision Parkwood

MLS Listing ID 605481

Construction Status Resale

HOA Y/N No

Year Built 1958

Lot Size 0.619 Acres

Acres 0.6188

Property Sub-Type Commercial

Property Description

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 for market and 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.

Location

State TX

County Victoria

Interior

Heating Central

Cooling Central Air, 1 Unit

Flooring Concrete, Vinyl, Carpet Free

Fireplace No

Exterior

Parking Features Parking Space(s), Driveway Level

Community Features None, Street Lights, Sidewalks

Utilities Available High Speed Internet Available

Amenities Available None

View Y/N No

Water Access Desc Public

View None

Present Use Medical/Dental

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

Building

Story 1

Entry Level One

Foundation Slab

Water Public

Level or Stories One

Construction Status Resale

Others

Tax ID 144764

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Listed by Jake Truss • The Ron Brown Company

NEARBY SCHOOL & BUSINESS

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Ryan Childress

+1(512) 686-1061

Agent | License ID: 717210

Agent License ID: 717210

3502 N Laurent ST #A Victoria, TX 77901

Ryan Childress

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION