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    303 W Water St Victoria, TX 77901

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    For Sale
    $2,446,010

    New Dollar General Market store with a 15-year absolute NNN lease.

    Property size:
    10,640 SF
    Lot size:
    1.81 Acres

    Property Features for 303 W Water St

    General Information

    Size
    10,640 SF
    Lot size
    1.81 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Dollar General Market Store

    This property is a Dollar General Market store scheduled for development in 2025. It features a 15-year absolute NNN lease, requiring no landlord responsibilities. The location benefits from a strong population of over 62,000 residents within a 5-mile radius. Situated along SW Moody St, the property benefits from high visibility, with traffic counts exceeding 17,400 vehicles per day. Its location is near several national credit tenants, schools, and apartments, which should generate additional customer traffic. The lease is backed by a corporate guaranty from Dollar General Corporation, which holds an S&P credit rating of BBB and operates more than 20,000 locations. The property size is 10,640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -97.006255
    Latitude
    28.792027

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    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General Market store with a 15-year absolute NNN lease.
    Where is this grocery and convenience store located?
    The property is located at 303 W Water St Victoria, TX.
    What is the asking price?
    The asking price for this property is $2,446,010.
    What are key features of this property?
    This property features: - 15-year absolute NNN lease requiring no landlord responsibilities.; - Strong corporate guaranty by Dollar General Corporation (S&P: BBB).; - Strong population of 62,000+ in 5-mile radius.
    (817) 304-8916
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    303 W Water St Victoria, TX 77901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 W Water St Victoria, TX 77901
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