TX
Victoria
Victoria
77901
3502 N Laurent Street A
3502 N Laurent Street A, Victoria, TX 77901
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Listing Type
Commercial/Industrial
Listing Status
Active
10
$599,900

Home Details for 3502 N Laurent Street A

Price
$599,900
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
2801
Year built
1958
Lot size acres
0.6188
County
Victoria
Garage
Days on site
4
MLS Listing#
605481
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 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
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
Listing Courtesy: The Ron Brown Company - 361-575-1446
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EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549
Greg Ruehlen
Franchisee
Office
254 781 2012
Agent
254 394 2000
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