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Victoria Retail Center For Sale

3801 Houston Hwy, Victoria, TX 77901

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For Sale

$5,330,000

30,800 SF retail center in Victoria, Texas.

Type:Shopping Strip

Property size:

30,800 SF

Lot size:

3.36 Acres

Price / SF:

$173/SF

HighLights

100% Leased Multi‑Tenant Retail Center: Provides immediate and stable income stream.
Strong Tenant Mix: Features internet‑resistant, service‑oriented businesses, ensuring long‑term stability.
Shadow‑Anchored by Walmart Supercenter: Benefits from the drawing power of a major retailer.
High Traffic Location: Situated on Houston Highway with over 19,280 vehicles per day, maximizing visibility.
Triple‑Net (NNN) Leases: Reduces landlord responsibilities and potential expenses.
Proximity to University of Houston‑Victoria: Captures traffic and customer base from the university community.

We can help!

Listing Contact

Philip Levy

Learn more

For Sale

$5,330,000

30,800 SF retail center in Victoria, Texas.

Type:Shopping Strip

Property size:

30,800 SF

Lot size:

3.36 Acres

Price / SF:

$173/SF

Added:: Apr 15, 2026
Days on Market:: 59
Last Refresh:: Apr 15 at 8:01 pm

Property Features for 3801 Houston Hwy

General Information

Standard status: Active
Size: 30,800 SF
Lot size: 3.36 Acres
Property subtype: Shopping Strip

Building Details

Year Built: 2013

We can help!

Listing Contact

Philip Levy

Listing agent Philip Levy License #TX: 0522087

Listing office Dallas Office

Listing date Apr 15, 2026

Source Marcusmillichap

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 Dallas Office

HighLights

100% Leased Multi‑Tenant Retail Center: Provides immediate and stable income stream.
Strong Tenant Mix: Features internet‑resistant, service‑oriented businesses, ensuring long‑term stability.
Shadow‑Anchored by Walmart Supercenter: Benefits from the drawing power of a major retailer.
High Traffic Location: Situated on Houston Highway with over 19,280 vehicles per day, maximizing visibility.
Triple‑Net (NNN) Leases: Reduces landlord responsibilities and potential expenses.
Proximity to University of Houston‑Victoria: Captures traffic and customer base from the university community.

Overview

Dollar Tree Plaza is a 30,800-square-foot, multi-tenant retail center located in Victoria, Texas. Constructed in 2013, the property consists of two buildings situated on a 3.36-acre parcel with ample concrete parking. The parking lot was recently restriped in October 2025, per Landlord. The retail center is 100 percent leased on triple-net terms. The tenant base includes Dollar Tree, Anytime Fitness, The Cash Store, Metro PCS, Jazmine Nail Spa, Freeway Insurance, Total Wireless, Sunny Spa & Massage and Domino's. Dollar Tree Plaza is located on the Houston Highway near the signalized intersection of Houston Highway and Delmar Drive and is shadow-anchored by Walmart Supercenter. Traffic counts in front of the property exceed 19,280 vehicles per day. National and regional retailers in the surrounding area include Whataburger, Discount Tire, Sonic, Chick-fil-A, Wendy's, Popeyes, Walgreens, and Smoothie King. Several hotels are in close proximity. The University of Houston-Victoria's main campus is located less than one mile from the subject property.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$676.4k	$21.96
− Vacancy	−$40.6k	−$1.32
EGI	$635.8k	$20.64
− OpEx	−$190.7k	−$6.19
NOI	$445.1k	$14.45

30,800 SF · lease $21.96/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$6.36M

$5.56M – $7.42M (±1% cap)

NOI $445,050 @ 7.0% cap · market cap 8.35%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$338.37M

$296.07M – $394.77M (±1% cap)

NOI $23,685,914 @ 7.0% cap · market cap 444.39%

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

Location Intelligence

Current Use by Public Records

Anytime Fitness Gym & Fitness Center Dollar Tree Discount Store

Suggested Use

Location Insight

Map
Local Demand

City: Victoria
County: Victoria
State: Texas
Longitude: -96.964479
Latitude: 28.815182

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For sale
Shopping centers
TX
Victoria
77901
3801 Houston Hwy

What type of property is this?

Shopping center - 30,800 SF retail center in Victoria, Texas.

Where is this shopping center located?

The property is located at 3801 Houston Hwy Victoria, TX.

What is the asking price?

The asking price for this property is $5,330,000.

What are key features of this property?

This property features: 100% Leased Multi‑Tenant Retail Center: Provides immediate and stable income stream.; Strong Tenant Mix: Features internet‑resistant, service‑oriented businesses, ensuring long‑term stability.; Shadow‑Anchored by Walmart Supercenter: Benefits from the drawing power of a major retailer.

3801 Houston Hwy, Victoria, TX 77901

30,800 SF retail center in Victoria, Texas.

Property Features for 3801 Houston Hwy

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Victoria Industrial Property with Cranes

Turn-Key Industrial Warehouse

Multi-Tenant Strip Center

Versatile Commercial Property in Victoria

Equipped Automotive Facility on Navarro

Industrial Property with Office and Yard

Victoria Commercial Property with Acreage

Multi-Space Corner Commercial Building

Versatile Commercial Property in Victoria

Flex Space with Cut-Through Access

Versatile Commercial Property on Corner Lot

Corner Retail/Service Building with Grease Trap

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