REDUCED PRICE: Safelite & Texas Health Center 3610 Stagg Dr

15,709 SF 100% Leased Retail Building Beaumont, TX 77701 $3,450,000 ($220/SF) 8% Cap Rate

INVESTMENT HIGHLIGHTS

  • 3-Unit NNN Retail & Medical Center in Beaumont, TX
  • H-E-B Grocery Adjacent & Outparcel to Gateway Shopping Center With 289,000 SF of Retail Including Planet Fitness, Firestone, Dollar Tree, Jason’s Deli
  • Extremely Dense 5-Mile Demographics With 103,000+ Residents
  • 100% Occupied Center With Tenants, Safelite, Medical United Foundation, and Educare Community Living Corporation
  • Located Within 1 Mile of Two Major Hospital Systems Including Christus Health and Baptist Hospitals Of Southeast Texas
  • Located Along S 11th St With a Strong Traffic Volume of 20,260 VPD, and Easily Accessible From College St With 30,153 VPD

EXECUTIVE SUMMARY

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Safelite & Texas Health Center in Beaumont, TX. The subject property is adjacent to H-E-B Grocery and is an outparcel to Gateway Shopping Center with retailers including Planet Fitness, Firestone, Dollar Tree, Jason's Deli and more.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,709 SF
Building Class
C
Year Built
1968
Price
$3,450,000
Price Per SF
$220
Cap Rate
8%
NOI
$275,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.92 AC
Zoning
C - Commercial

NEARBY MAJOR RETAILERS

IHOP
Starbucks
Capital One
Planet Fitness
Jason's Deli
Rent-A-Center
Waffle House
H-E-B Foods
Hartz Chicken Buffet
Carrabba’s Italian Grill

PROPERTY TAXES

  • Listing ID: 31783725

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 3610 Stagg Dr, Beaumont, TX 77701