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3010 Washington Blvd
Beaumont, TX 77705
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2016 Construction. 10,100± SF Building On 0.77± Acre Site
- Significant NOI Upside Through Contractual NNN Expense Reimbursements
- Long-Term Regional Tenants Provide Durable Cash Flow And Occupancy Stability
- High-Visibility Location Along Washington Boulevard With 15,344 Vehicles Per Day
- Offered Well Below Replacement Cost At $133.66 Per Square Foot
- Beaumont, TX | Energy And Port-Driven Economy | Population: 113,000 Residents
EXECUTIVE SUMMARY
Stabilized, 100% Occupied Multi-Tenant Retail Center With 6 Leasable Suites
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,100 SF
Building Class
B
Year Built
2016
Price
$1,350,000
Price Per SF
$133.66
Cap Rate
7.78%
NOI
$105,016
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.77 AC
PROPERTY TAXES
| Parcel Number | 300005-000-028610-00000 | Improvements Assessment | $21,375 |
| Land Assessment | $74,571 | Total Assessment | $95,946 |
PROPERTY TAXES
Parcel Number
300005-000-028610-00000
Land Assessment
$74,571
Improvements Assessment
$21,375
Total Assessment
$95,946
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