1497 W Cardinal Dr | Beaumont, TX 77705
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1497 W Cardinal Dr
Beaumont, TX 77705
United Site Services: Beaumont, TX · Industrial Property For Sale
Investment Highlights
- Brand-new net lease features ±9.8 years of term remaining with two, 5-year renewal options at FMV.
- The offering boasts rare annual rent increases of 4.0% throughout the initial term.
- Located along West Cardinal Drive (4,982 VPD), which provides direct access onto Highway 287 (52,778 VPD).
- The lease limits the Landlord’s obligations to the building structure and roof, which was replaced in 2017 and currently under warranty.
- In each renewal option, rent is initially set to fair market value (no less than 104% of previous year’s rent) then increased by 4.0% annually.
- Interstate 10 (130,685 VPD) is roughly 3 miles to the west, providing convenient connectivity to Houston.
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 11,726 SF |
| Property Subtype | Service | No. Stories | 1 |
| Building Class | C | Year Built | 1983 |
| Lot Size | 2.99 AC | Tenancy | Single |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 2.99 AC |
| Rentable Building Area | 11,726 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Tenancy | Single |
Amenities
- 24 Hour Access
Utilities
- Water
- Sewer
zoning
| Zoning Code | C (Light Commercial) |
| C (Light Commercial) |
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