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FOR SALE La Carreta | STNL Restaurant 1802 N Navarro | Victoria, Texas 77901 Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411 © 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein. Landan Dory Vice President Investments, US Capital Markets Net Lease Group D 512 717 3074 TX #693330 [email protected] Drive-thru STNL restaurant with new 5-year lease

FOR SALE La Carreta | STNL Restaurant new 5-year

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Page 1: FOR SALE La Carreta | STNL Restaurant new 5-year

FOR SALE

La Carreta | STNL Restaurant

1802 N Navarro | Victoria, Texas 77901

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. AvisonYoung does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 3074TX #[email protected]

Drive-thru STNL

restaurant with

new 5-year

lease

Page 2: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Property OverviewLocated on Navarro, the main corridor in Victoria, TX, La Carreta recently exercised a new five-year leasedemonstrating a strong commitment to its second location. In business since 2008, La Carreta is a popularcommunity staple with a consistent daily customer base.

Property HighlightsLa Carreta is a fully tenanted, cash flowing property 

Five years remaining on the lease term

Located on main corridor

Strong Google and Facebook customer reviews

Offering SummarySale Price: $650,000

Building Size: 2,687 SF

Price / SF: $241.91

Cap Rate: 8.0%

NOI: $51,000

Year Built/Renovated: 1950/2008

1802 N Navarro St | Victoria, TXRetail property for sale

Page 3: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Sale Price $650,000

Location Information

Street Address 1802 N Navarro

City, State, Zip 77901, TX Victoria

County Victoria

Property InformationProperty Type STNL Restaurant

Property Subtype Free Standing Building

2020 Traffic Count N Navarro St @ E Nueces St N 19,264

E Rio Grande St @ N Depot St E 17.151

N Navarro St @ E Oak St S 13,201

E Rio Grande St @ N Wheeler St E 15,980

E Oak St @ N Navarro St W 14,589

N Main St @ W Nueces St N 12,027

1802 N Navarro, 77901, TX VictoriaSTNL Drive-thru Restaurant property for sale

Page 4: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Traffic Count

Collection Street Cross Street Volume

N Navarro E Nueces St N 19,264

E Rio Grande St N Depot St E 17,151

North Navarro St E Oak St 13,20114,589

Demographics 1 Mile 3 Miles 5 MilesTotal Households 3,339 18,708 23,059

Total Population 9,193 50,569 61,463

Average HH Income $46,163 $51,628 $55,431

1802 N Navarro St | Victoria, TXSTNL Drive-thru Restaurant property for sale

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Traffic Count

Collection Street Cross Street Volume

N Navarro E Nueces St N 19,264

E Rio Grande St N Depot St E 17,151

North Navarro St E Oak St 13,20114,589

Demographics 1 Mile 3 Miles 5 MilesTotal Households 3,339 18,708 23,059

Total Population 9,193 50,569 61,463

Average HH Income $46,163 $51,628 $55,431

1802 N Navarro St | Victoria, TXSTNL Drive-thru Restaurant property for sale

SAM HOUSTON DRIVE

SAM HOUSTON DRIVE

N LA

UR

ENT STR

EETN

LAU

REN

T STREET

RIVERSIDE RIVERSIDE GOLF COURSE GOLF COURSE

THE TEXAS THE TEXAS ZOOZOO

ATHEY NATURE ATHEY NATURE AREA AREA

N N

AVA

RRO ST

N N

AVA

RRO ST

N N

AVA

RRO ST

N N

AVA

RRO ST

N M

AIN STREET

N M

AIN STREET

N M

AIN STREET

N M

AIN STREET

N LA

UR

ENT STR

EETN

LAU

REN

T STREET

US 59BUS 59B

US 59BUS 59B

SUBJECT SUBJECT PROPERTY PROPERTY

UNIVERSITY OF UNIVERSITY OF HOUSTON - VICTORIA HOUSTON - VICTORIA

19,264 VPD19,264 VPD

19,264 VPD19,264 VPD

Page 5: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Traffic Count

Collection Street Cross Street Volume

N Navarro E Nueces St N 19,264

E Rio Grande St N Depot St E 17,151

North Navarro St E Oak St 13,20114,589

Demographics 1 Mile 3 Miles 5 MilesTotal Households 3,339 18,708 23,059

Total Population 9,193 50,569 61,463

Average HH Income $46,163 $51,628 $55,431

1802 N Navarro St | Victoria, TXSTNL Drive-thru Restaurant property for sale

QUEEN CITY QUEEN CITY PARKPARK

N MAIN STREET

N MAIN STREET

CLICK FOR

STREET VIEW

TRINITY ST

TRINITY ST

BRAZOS ST

BRAZOS ST

COLORADO ST

COLORADO ST

SABINE ST

SABINE ST

RED RIVER ST

RED RIVER ST

VIRGINIA ST

VIRGINIA ST

TRINITY ST

TRINITY ST BRAZOS ST

BRAZOS ST

COLORADO ST

COLORADO ST

SABINE ST

SABINE ST

RED RIVER ST

RED RIVER ST

VIRGINIA ST

VIRGINIA ST

ST. JOSEPH HIGH ST. JOSEPH HIGH SCHOOLSCHOOL

SUBJECT SUBJECT PROPERTY PROPERTY

DE TAR HOSPITALDE TAR HOSPITAL

MONEY MAX MONEY MAX LOANS LOANS

ESKIMO HUT FROZEN ESKIMO HUT FROZEN DAIQUIRIS DAIQUIRIS

RENT-A-TIRERENT-A-TIRE

SPLASH N DASH SPLASH N DASH CAR WASHCAR WASH

LOVEBIRD CAKES LOVEBIRD CAKES

N NAVARRO ST

N NAVARRO ST

19,264 VPD

19,264 VPDN NAVARRO ST

N NAVARRO ST

Page 6: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 515 Congress Avenue, Suite 1500 | Austin, TX 78701 | 512 474 2411© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.

Landan DoryVice President Investments, US Capital Markets Net Lease GroupD 512 717 [email protected]

Population 1 Mile 3 Miles 5 MilesTotal Population 9,193 50,569 61,463

Average age 31.5 32.5 33.5

Average age (Male) 30.2 30.5 31.6

Average age (Female) 35.4 34.4 35.4

Households & Income 1 Mile 3 Miles 5 MilesTotal households 3,339 18,708 23,059

# of persons per HH 2.8 2.7 2.7

Average HH income $46,163 $51,628 $55,431

Average house value $105,014 $111,428 $113,652

* Demographic data derived from 2010 US Census

1802 N Navarro St | Victoria, TXSTNL Drive-thru Restaurant property for sale

Page 7: FOR SALE La Carreta | STNL Restaurant new 5-year

Avison Young - Austin | 512 474 2411515 Congress Avenue, Suite 1500 | Austin, TX 78701© 2021. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not beenverified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability forany errors or omissions therein.

Let'stalk.

Landan DoryVice President Investments, US Capital Markets Net Lease Group

D 512 717 3074TX #693330

[email protected]