Log In/Sign Up
Your email has been sent.
Neches Plaza 790 Neches 6,308 SF 55% Leased Retail Building Beaumont, TX 77701 $1,150,000 ($182.31/SF) 8.40% Cap Rate
EXECUTIVE SUMMARY
This well-maintained 3-space strip center, located in the heart of downtown Beaumont's up and coming Central Business District, is an excellent opportunity for investors. This property is tailored for restaurant tenants, with 2 of the 3 spaces currently leased and generating steady rental income. Current tenants are The Greek Gyro and Las Cazuelas; the middle unit is vacant and available to lease. Lots 473, 476, 465, & 466 on Block 62 as well as lots 407 (partial), 408, 409, 410, 411, & 414 (partial) on Block 57 are included in the sale and will not be divided. Rent roll can be provided.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,308 SF
Building Class
B
Year Built
2007
Price
$1,150,000
Price Per SF
$182.31
Cap Rate
8.40%
NOI
$96,600
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.54 AC
Opportunity Zone
Yes
Frontage
230’ on Neches
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Turn-Key Opportunity 842.40 NNN $3650 a month
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,808 SF | Restaurant | End Cap | Now |
1st Floor
| Size |
| 2,808 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 2,808 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
Turn-Key Opportunity 842.40 NNN $3650 a month
NEARBY MAJOR RETAILERS
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Neches Plaza | 790 Neches
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.