8090 College Street
Beaumont, TX
Price:
$1520000
Cap Rate:
5.50%
NOI:
$83,600
Building Size:
Approx. 2835 Sq. Ft.
Lot Size:
Approx. 0.59 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2002
Investment Overview
- 2,835+/- SF Building on .59+/- Acre Site
- New 20 Year NNN Lease with 10% Rent Bumps Every 5 Years
- No Damage or pause in operations during Hurricane Harvey
- Located along College St (28K VPD), just W of Dowlen Rd (24K VPD)
- Adjacent to Sonic | Near McDonalds, Shell, Jack in the Box, Valero
- 8-Miles Equidistant: Lamar University | Parkdale Mall (1,371,870 SF)
- Attractions: McFaddin-Ward House | Big Thicket National Preserve
- Beaumont is home to a World-Class Port & Largest Military Seaport
- Major Employers: Conn’s Appliances | ExxonMobil Corp | ENGlobal
- 5-Mile Radius: 2017 Est Pop: 80,482 | 3-Mile Avg HH Income: $87,487
- Beaumont is located approximately 84 Miles East of Houston, Texas