Net-Leased Equipment
For Sale
$2,688,000
12104 N Navarro St, Victoria, TX 77904
Single-tenant warehouse on a 5.07-acre parcel with ample outdoor storage under a corporate NNN lease.
Property Size6,450 SF
Price / SF$416.74
Days on Market51
Property Features for 12104 N Navarro St
General Information
Standard status
Active
Size
6,450 SF
Property subtype
Single-Tenant Industrial
Amenities
Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide
NNN Lease with One 5-Year Renewal Remaining - 7.5% Rental Increase in Upcoming Option
Original Build to Suit for Tenant in 2007 - Former RSC Facility | Acquired by United Rentals in 2012
Nearly 20 Years of Historical Occupancy - Longstanding Location with Limited Area Competition
Large 5.07 Acre Parcel | Ample Outdoor Storage - Low Coverage Lot | Additional Room For Fleet Expansion
Victoria, TX Known as "Crossroads of South Texas" - Intersected by Three Major Highways | US 59, 77, & 87
Strategic Branch Coverage Between Major Markets - Located between Houston, San Antonio, & Corpus Christi
Building Details
Building Size
6,450 SF
Year Built
2007
Listed By:
Jake Vandenburg · License #License(s): FL: SL3601186
(904) 672-1451
Source:
Marcusmillichap
Added: Jul 24
Changed: Sep 4
Last Checked: Sep 11 at 4:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jake Vandenburg
Investment Insights
Based on property information with market context.
This net-leased warehouse was built to suit for a tenant in 2007 and later became a United Rentals facility after the tenant’s acquisition in 2012. The property is currently occupied under a corporate lease, and the lease structure is described as NNN with one 5-year renewal remaining and a 7.5% rental increase in the upcoming option.
The offering is located at 12104 N Navarro St in Victoria, Texas. The public remarks state the location is intersected by three major highways (US 59, 77, and 87) and sits in the area between Houston, San Antonio, and Corpus Christi.
The site is described as a large 5.07-acre parcel with ample outdoor storage, a low coverage lot, and additional room intended for fleet expansion. The property is listed at 6,450 square feet.
The offering is located at 12104 N Navarro St in Victoria, Texas. The public remarks state the location is intersected by three major highways (US 59, 77, and 87) and sits in the area between Houston, San Antonio, and Corpus Christi.
The site is described as a large 5.07-acre parcel with ample outdoor storage, a low coverage lot, and additional room intended for fleet expansion. The property is listed at 6,450 square feet.
Key Highlights
- Single‑tenant warehouse built in 2007 on a 5.07‑acre parcel with ample outdoor storage
- Corporate NNN lease to United Rentals, Inc. (NYSE: URI), a publicly traded tenant
- NNN lease includes one 5‑year renewal remaining and a 7.5% rental increase in the upcoming option
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77904, TX
29,646
Population
12,822
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
270
Density / Sq Mi
$86,821
Median Household Income
$44,632
Median Earnings
$1,272
Median Rent
$237,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Advantage Mini Storage — 9402 N Navarro St, Victoria, TX 77904
- Storage Units Climate Controlled — 9402 N Navarro St, Victoria, TX 77904
- R V Park of Victoria Inc — 13202 N Navarro St, Victoria, TX 77904
- AZ Self-Storage — 13449 US-77, Victoria, TX 77904
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant warehouse on a 5.07-acre parcel with ample outdoor storage under a corporate NNN lease.
Where is this warehouse located?
The property is located at 12104 N Navarro St Victoria, TX.
What is the asking price?
The asking price for this property is $2,688,000.
What are key features of this property?
This property features: Single‑tenant warehouse built in 2007 on a 5.07‑acre parcel with ample outdoor storage; Corporate NNN lease to United Rentals, Inc. (NYSE: URI), a publicly traded tenant; NNN lease includes one 5‑year renewal remaining and a 7.5% rental increase in the upcoming option
