4104 Dowlen Road
Beaumont, TX
Price:
$2500000
Cap Rate:
5.00%
NOI:
$125,000
Building Size:
Approx. 4595 Sq. Ft.
Lot Size:
Approx. 0.91 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fast Casual
Year Built:
2015
Investment Overview
- Franchisee/Lessee: Rolling Dough, LTD | Operate 15 Panera Bread locations throughout Houston, TX
- Brand: Panera Bread | NASDAQ: PNRA | 1,736 locations in 45 states
- Newly Constructed | 4,595+/- SF Building on 0.91+/- Acre Site
- Along Dowlen Road (25,000 Cars / Day) just south of US 69 (75,000 Cars / Day)
- Outparcel to Lowe’s | Adjacent to Parkdale Mall (1.3 Million SF) | Near Conn’s HQ (3,419 Empl.)
- Near Walmart, Starbucks, Buffalo Wild Wings, Raising Cane’s, Gander Mountain, Target, & Walgreens
- Major Empl: Exxon Mobil (2,000 Empl.),Beaumont ISD (2,909 Empl.), City Of Beaumont (1,343 Empl.)
- Beaumont is located minutes from Louisiana’s casino gaming| 1.5-Hours NE of Houston, TX