3101 Navarro St, Victoria, TX 77901-3923
This exceptional investment opportunity presents a 2,057 square foot storefront located at 3101 N Navarro St, Victoria, TX 77901. The property, built in 1979 and situated on a 0.52-acre lot, is currently 100% occupied by TitleMax, Inc., a privately owned title lending business with over 1,100 locations across 16 states. The current lease, a Net Lease (NN) agreement with a corporate guarantee, commenced March 1, 2014, and extends to March 31, 2029, offering a remaining lease term of approximately 4.4 years. The asking price is $887,360, representing a price per square foot of $431.39 and a 7.50% cap rate based on a Net Operating Income (NOI) of $66,552. The lease includes built-in rent bumps: a 3.48% increase in April 2026 and a further 12% increase in the tenant's sole remaining option. This location benefits from its proximity to the University of Houston-Victoria and major employers like Formosa Plastics, Inteplast Group, Dow, Invista, Caterpillar, and Alcoa. The property's strong tenant, resilient business model, and favorable lease terms make it an attractive investment prospect.
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TitleMax Title Loans Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.