Former Walgreens - Value Add Opporunity 3990 E Lucas Dr 13,500 SF Retail Building Beaumont, TX 77708 $750,000 ($55.56/SF)

The Kase Group is pleased to present the opportunity to acquire a vacant retail property in Beaumont, Texas. The building totals 13,500 square feet and sits on a 1.138-acre lot along East Lucas Drive. The property benefits from strong nearby retail, with neighboring tenants including Whataburger, Dairy Queen, Family Dollar, and several other national and local businesses.
This offering presents a compelling value-add opportunity for investors. The property’s single-tenant retail layout allows for a variety of repositioning options, whether through leasing, redevelopment, or adapting the space for a new concept. Located in Texas, a state with no personal income tax and a pro-business environment, the asset offers strong long-term investment potential.
The site is also positioned at the entrance to Mission Ridge, a 4,000-acre master-planned community. As the gateway to a growing neighborhood expected to include roughly 20,000 homes, the property benefits from strong visibility and convenient access to the surrounding residential and commercial development. This location makes it well suited for retailers or service businesses looking to serve a rapidly expanding area.