3502 N Laurent

Victoria, TX 77901

3502 N Laurent

  • Victoria, TX 77901
  • Parkwood
  • $599900
  • N/ABed
  • N/ABath
  • 2,801SQFT

Details

StatusActive
Year Built1958
CountyVictoria
Flooring
Lot Size0.6188
ParkingParkingSpaces, DrivewayLevel
Total Stories
CoolingCentralAir, OneUnit
School District
Schools
Fireplace
Property 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


Courtesy of The Ron Brown Company

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