3950 Walden Road
Beaumont, TX
Price:
$1,3000,000
NOI:
$55,000
Building Size:
Approx. 2,029 Sq. Ft.
Lot Size:
Approx. 0.678 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2017
Investment Overview
- 2017 Construction. 2,029+/- SF Building on .68+/- Acre Site
- 20-Year Ground Lease with 10% Rent Bumps Every 5-Year
- Rare corporate guarantee for the first 10-Years of the lease
- Located along Walden Road (8K VPD) & Interstate 10 (85K VPD)
- Across Cinemark movie theater and multiple hospitality inn & suites
- Near Shell, Pappadeaux, Cracker Barrell, Jack in the Box, Twin Peaks
- Proximity to multiple schools with total enrollment of 3,508 students
- Beaumont, home to Carnegie Doctoral University & Exxon Mobile Corp
- Grater Houston (MSA) | 5th Largest MSA in the U.S | Population: 7M+