3685 College St | Beaumont, TX 77701
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3685 College St
Beaumont, TX 77701
Wendy's Ground Lease · Retail Property For Sale
Investment Highlights
- Wendy’s had successfully operated at their previous location since 1979, with impressive sales in the top 37% for all Wendy’s stores
- HAZA Foods is the largest Wendy’s franchisee in the system, with more than 400 and continuing to expand
- Property sits between Chick-fil-A, Raising Cane’s, and Whataburger, Three of the nation’s highest volume QSR’s
- New 20-year Absolute NNN Ground Lease is expected to commence in August and will feature 10% rental increases every five years with (4) 5-yr options
- Infill location, positioned in the SEQ of Interstate 10 and College Street, seeing nearly 160,000 vehicles per day
- Located 5 miles west of ExxonMobil’s Beaumont petrochemical complex, which houses the nation’s second largest refinery
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Frontage
103 FT on College St
PROPERTY TAXES
| Parcel Number | 013415-000-002800-00000 | Improvements Assessment | $0 |
| Land Assessment | $180,369 | Total Assessment | $180,369 |
PROPERTY TAXES
Parcel Number
013415-000-002800-00000
Land Assessment
$180,369
Improvements Assessment
$0
Total Assessment
$180,369
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