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Industrial Outdoor Storage 6355 Highway 347 21,540 SF 87% Leased Office Building Beaumont, TX 77705 $1,950,000 ($90.53/SF) 8.01% Cap Rate
INVESTMENT HIGHLIGHTS
- National Tenant – The property is partially leased to DXP Enterprises (NASDAQ: DXPE), a well-established industrial distribution company with over 170
- Functional Industrial Facility – The ±21,540 SF building features metal and masonry construction, 14’–20’ clear heights, and both dock-high (2) and gr
- Strategic Location within the Houston MSA – Located in Beaumont, TX, the site benefits from proximity to I-10 and the Port of Beaumont, a key Gulf Coa
- Regional Operator Tenant – Axis Industries, a strong Texas-based operator with multiple locations across the region, recently executed a 3-year lease
- Low Site Coverage with Expansion Potential – Situated on ±3.65 acres, the property maintains a low 13.55% coverage ratio, giving tenants valuable flex
EXECUTIVE SUMMARY
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Professional, Scientific, and Technical Services
- -
- -
- -
- -
CDI Engineering Solutions believes extraordinary outcomes are the result of exceptional people. Their mission is to provide the highest quality, highest value and safest architecture and engineering, procurement, and construction management (EPCM) services. They develop long-term relationships with their clients by delivering comprehensive, innovative solutions that respond directly to their specific needs while engaging with the utmost integrity, transparency and professionalism.
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- Wholesaler
- -
- -
- Triple Net
- Aug 2011
Leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada and Sonora, Mexico in virtually every industry since 1908. They provide innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services that emphasize and utilize their vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, industrial supplies and safety products and services. Their breadth of MROP products and service solutions allows them to be flexible and customer driven, creating competitive advantages for their customers. Their business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services.
- Enhance Wellness
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- -
- -
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
|
Wholesaler | - | - | Triple Net | Aug 2011 | |
| Enhance Wellness | - | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 6355-2 | 3,000 SF | Office/Retail | Partial Build-Out | Now |
1st Fl-Ste 6355-2
| Size |
| 3,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 6355-2
| Size | 3,000 SF |
| Space Use | Office/Retail |
| Condition | Partial Build-Out |
| Available | Now |
Presented by
Industrial Outdoor Storage | 6355 Highway 347
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