3845 Phelan Blvd | Beaumont, TX 77707
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3845 Phelan Blvd
Beaumont, TX 77707
Kroger · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EXCEPTIONALLY LOW RENT-TO-SALES RATIO. Contact agent for details.
- Kroger has been operating at this location since its completion in 1984, boasting an impressive 40-year tenure.
- Kroger is located about 6.5 miles from ExxonMobil’s Beaumont Petrochemical Complex, which houses the nation’s 2nd largest refinery, and employs 5,000+
- The Absolute NNN lease features (7) 3-year options, which could potentially extend the lease through 2047.
- The property is situated in a dense, infill location in Beaumont, less than 3 miles from downtown with limited competition in area.
- The Property is positioned in the SWQ of Interstate 10 & Phelan Blvd, seeing more than 125,000 vehicles per day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
59,850 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
4.11 AC
Frontage
184’ on PHELAN BLVD
PROPERTY TAXES
| Parcel Number | 036300-000-000200-00000 | Improvements Assessment | $2,668,264 |
| Land Assessment | $654,638 | Total Assessment | $3,322,902 |
PROPERTY TAXES
Parcel Number
036300-000-000200-00000
Land Assessment
$654,638
Improvements Assessment
$2,668,264
Total Assessment
$3,322,902
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