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Beasley Tire - Kenedy, TX 209 Park Place Blvd 17,520 SF Retail Building Kenedy, TX 78119 $1,510,000 ($86.19/SF) 8.13% Cap Rate
Executive Summary
Opportunity Zone Investment
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
17,520 SF
Building Class
C
Year Built
2015
Price
$1,510,000
Price Per SF
$86.19
Cap Rate
8.13%
NOI
$122,751
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.68 AC
Opportunity Zone
Yes
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Modified Gross
- Jul 2027
Beasley Tire began in 1968 when E.B. Beasley returned to Houston and entered the tire service business with one service truck. The company has grown into a multi-line automotive and commercial services business offering passenger, truck, SUV, industrial, OTR, forklift, alignment, front-end, retread, mobile mechanical, and mobile truck alignment services. Beasley Tire serves customers across Central and Southeast Texas, including Dallas, and supports both retail drivers and commercial fleets. The business remains in its third generation and continues to focus on tire service and related vehicle maintenance.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Modified Gross | Jul 2027 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 103-7815 | Improvements Assessment | $519,517 |
| Land Assessment | $19,727 | Total Assessment | $539,244 |
Property Taxes
Parcel Number
103-7815
Land Assessment
$19,727
Improvements Assessment
$519,517
Total Assessment
$539,244
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Beasley Tire - Kenedy, TX | 209 Park Place Blvd