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$599,900 Just Listed
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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 and with a CPI-U inflation adjustment beginning November 1, 2029, offering built-in income growth tied to the Houston-The Woodlands-Sugar Land index. 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.
Full Property Details
Full Property Details for 3502 N Laurent St #A
General
- Price: $599,900
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 605481
- Updated: Today (2/25/2026)
- Added to Site: Today
Interior
- Flooring: Concrete, Vinyl, Carpet Free
Parking
- Parking Features: Parking Space(s), Driveway Level
Location
- County: Victoria
- Subdivision: Parkwood
- Driving Directions: When headed north on Laurent, the property is on the right side of the road between Rosebud and Mimosa cross streets
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit
- Heating Type: Central
Utilities
- Water: Public
- Utility Description: High Speed Internet Available
Structural Information
- Construction: Brick Veneer, Frame, Lap Siding
- Stories/Levels: 1
- Square Feet: 2,801
- Sq. Ft. Source: Appraiser
- Current Bldg. Use: Medical/Dental
- Year Built: 1958
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.6188
- Frontage: City Street
- Street Lights: Yes
- Sidewalks: Yes
Disclosures and Reports
- Legal Description: PARKWOOD RESUB #1 LOT 1R BLOCK 4
- Property ID: 144764
- Block: 4
- Lot Number: 1R
Listed by The Ron Brown Company
Get Pre-Approved Today
Schools
Schools serving 3502 N Laurent St #A
School District:Victoria Independent School District
| Name | Grades | Distance |
|---|---|---|
Shields Elementary School 3400 Bluebonnet Street, Victoria, TX 77901 | PK-5 | 0.1 mi |
Patti Welder Middle School 1604 East North Street, Victoria, TX 77901 | 6-8 | 1.7 mi |
Victoria West High School 307 West Tropical Drive, Victoria, TX 77904 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3502 N Laurent St #A
Date
Details
Price
Change
Source
2/25/2026
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3502 N Laurent St #A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,989
19%
$819,820
—
2023
$9,272
—
$819,820
67%
2023
$9,272
1%
$490,700
20%
2022
$9,144
4%
$408,500
11%
2021
$8,796
-2%
$366,870
1%
2020
$8,945
46%
$364,090
46%
2019
$6,135
100%
$249,330
155%
2017
100%
$97,950
-1%
2016
100%
$99,400
-1%
2012
—
$99,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3502 N Laurent St #A
3502 N Laurent Street #A, Victoria, TX 77901 (MLS# 605481) is a Commercial property. 3502 N Laurent Street #A is currently listed for $599,900 and was received on February 25, 2026. Want to learn more about 3502 N Laurent Street #A? Do you have questions about finding other Commercial real estate for sale in Victoria? You can browse all Victoria real estate or contact a Coldwell Banker agent to request more information.

