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9007 N US Hwy 59 20,258 SF Industrial Building Victoria, TX 77905 $4,036,974 CAD ($199.28 CAD/SF) 7.11% Cap Rate
Investment Highlights
- Strategic location along U.S. Highway 59 with excellent regional connectivity.
- Convenient access to Victoria, Houston, Corpus Christi, and surrounding markets.
- Suitable for industrial, commercial, service, distribution, or development uses.
- High-visibility frontage on a major transportation corridor serving South Texas.
- Positioned within a key logistics and commercial route supporting regional business activity.
- Strong accessibility for customers, employees, vendors, and truck traffic.
Executive Summary
• 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 strong 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.
• 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 strong 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.
Property Facts
| Price | $4,036,974 CAD | Rentable Building Area | 20,258 SF |
| Price Per SF | $199.28 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 2006/2022 |
| Cap Rate | 7.11% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.91/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 14 |
| Lot Size | 4.16 AC | Opportunity Zone |
Yes
|
| Zoning | 0004 | ||
| Price | $4,036,974 CAD |
| Price Per SF | $199.28 CAD |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.16 AC |
| Rentable Building Area | 20,258 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2022 |
| Tenancy | Single |
| Parking Ratio | 3.91/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 14 |
| Opportunity Zone |
Yes |
| Zoning | 0004 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 58010-001-00100 | Improvements Assessment | $1,088,734 CAD |
| Land Assessment | $303,792 CAD | Total Assessment | $1,392,526 CAD |
Property Taxes
Parcel Number
58010-001-00100
Land Assessment
$303,792 CAD
Improvements Assessment
$1,088,734 CAD
Total Assessment
$1,392,526 CAD
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