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9007 N US Hwy 59, Victoria, TX, 77905

9007 N US Hwy 59

2,900,000

Key Information

Cap Rate
7.11%
$ per SF
$143
Tot. SF
181,236
Lot Size
4.16 Acres
Year Built
2006 / 2022 (R)
Term Remaining
±5 Years
Type
Industrial

Highlights

  • FORTUNE 500 CREDIT TENANT – The Goodyear Tire & Rubber Company (NASDAQ: GT) is a Fortune 500 industry leader with over 120 years of operating history and
    approximately $20 billion in annual revenue. As the largest tire manufacturer in North America, Goodyear serves both consumer and commercial markets across more than 180
    countries with a global network of manufacturing and distribution facilities.
  • RARE GOODYEAR COMMERCIAL / INDUSTRIAL FACILITY – Unlike typical Goodyear retail tire shops, this property operates as a Goodyear Commercial Tire & Service Center,
    serving a B2B customer base of trucking fleets, logistics operators, construction firms, municipalities, and other heavy equipment users. Supported by fleet service contracts and
    high-value recurring business, this model provides stronger tenant commitment and greater income stability than traditional walk-in retail locations.
  • ATTRACTIVE INFLATION-HEDGED GROWTH – Goodyear’s lease features highly desirable “The Greater of CPI (Consumer Price Index) or 3.00%” annual rent escalations,
    delivering consistently high income growth and a built-in hedge against inflation rarely found in today’s net lease market.
  • STRATEGIC “CROSSROADS OF SOUTH TEXAS” LOCATION – Nicknamed the “Crossroads of South Texas,” Victoria sits at the convergence of U.S. Highways 59, 77 and 87,
    providing convenient connectivity to Houston, San Antonio, Austin and Corpus Christi. Positioned directly along U.S. Highway 59, part of the future Interstate 69 corridor, and
    near the Port of Victoria, the property benefits from exceptional access to major highway, freight, industrial and Gulf Coast trade corridors.
  • FUNCTIONAL IOS FACILITY – This ±20,258 sq. ft. facility features ten (10) grade level doors and is situated on a ± 4.16-acre lot (11% Building/Lot Coverage) allowing for
    abundant yard space for outdoor storage, maneuvering heavy equipment, and providing flexibility for future expansion.
  • INCOME TAX FREE STATE – Texas benefits from no state income tax offering significant financial advantages for businesses and investors, enhancing profitability and making it an
    attractive location for long-term growth and investment.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204