Taco Bell | GL Beaumont, TX

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+