Investment Overview

The offering consists of a vacant 23,500 square foot retail/office building in Victoria, TX. The asset is situated on 1.6 acres and fronts on North Main Street. The building can be filled with either one tenant or divided into multiple spaces. It currently shares the same parking lot as Pinto Bean Tex-Mex. This is a great value add opportunity for investors seeking to fully lease up a building below replacement costs. Located along the Gulf Coast of Texas, Victoria has been ranked the third best preforming small city based on job, wage, and high-tech GDP growth according to The Milken Institute. The construction of new docks and rail expansion stemming from the Port of Victoria has created a $10 billion impact. Major employers that have contributed to the growth in the region due to the manufacturing of petrochemicals include: Formosa Plastics Group, the Interplast Group, Invista, Alcoa, Dow, and Caterpillar.