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Net Lease

13102 N Navarro St

13102 N Navarro St, Victoria, TX 77904

Listing Price: $1,169,250

Cap Rate
8.00%
Lot Size
1.46 acres
Year Built
2010
Rentable SF
10,040

Investment Overview

The subject property is a 10,040 sqft single tenant industrial building leased to Sullivan Process Controls. The building sits on 1.54 acres fronting on Navarro Street (US Highway 77) in Victoria, Texas. The property consists of two buildings with office and warehouse space. The building is situated north of the major retail hub at Zac Lentz Parkway and Highway 77. Sullivan Process Controls signed a five-year lease in 2020 which has an option to extend the lease for five additional years. Sullivan Process Controls was founded in 1986 and has grown and expanded to twelve locations in four states with the subject being one of the three manufacturing locations. Sullivan Process Controls LLC, formerly known as Sullivan and Sons, Inc., has been proudly manufacturing and selling market-leading brands of instrumentation and control valves for more than 30 years. Victoria, Texas is the home to many major industrial employers including Formosa Plastics, Catepillar and Dow Chemicals. Victoria also is home to the Port of Victoria which is a shallow-draft commercial port with two docks, a turning basin and a 12-foot channel depth situated on over 2,000 acres. Victoria is also the future site of a new oil refinery which will employ 400 people once production begins.

Investment Highlights

  • Single Tenant NNN Lease | Manufacturing Location
  • Located in Victoria Texas | Oil & Gas Hub City | Port Of Victoria
  • Tenant Has One Five Year Option | Located on Main Thoroughfare

Exclusively Listed By

Net Lease

13102 N Navarro St

Listing Price: $1,169,250

Cap Rate
8.00%
Lot Size
1.46 acres
Year Built
2010
Rentable SF
10,040

Investment Highlights

  • Single Tenant NNN Lease | Manufacturing Location
  • Located in Victoria Texas | Oil & Gas Hub City | Port Of Victoria
  • Tenant Has One Five Year Option | Located on Main Thoroughfare

Investment Overview

The subject property is a 10,040 sqft single tenant industrial building leased to Sullivan Process Controls. The building sits on 1.54 acres fronting on Navarro Street (US Highway 77) in Victoria, Texas. The property consists of two buildings with office and warehouse space. The building is situated north of the major retail hub at Zac Lentz Parkway and Highway 77. Sullivan Process Controls signed a five-year lease in 2020 which has an option to extend the lease for five additional years. Sullivan Process Controls was founded in 1986 and has grown and expanded to twelve locations in four states with the subject being one of the three manufacturing locations. Sullivan Process Controls LLC, formerly known as Sullivan and Sons, Inc., has been proudly manufacturing and selling market-leading brands of instrumentation and control valves for more than 30 years. Victoria, Texas is the home to many major industrial employers including Formosa Plastics, Catepillar and Dow Chemicals. Victoria also is home to the Port of Victoria which is a shallow-draft commercial port with two docks, a turning basin and a 12-foot channel depth situated on over 2,000 acres. Victoria is also the future site of a new oil refinery which will employ 400 people once production begins.

Exclusively Listed By

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