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3010 Washington Blvd 10,100 SF 100% Leased Retail Building Beaumont, TX 77705 $1,840,941 CAD ($182.27 CAD/SF) 7.78% Cap Rate
Investment Highlights
- 2016 Construction. 10,100± SF Building On 0.77± Acre Site
- Significant NOI Upside Through Contractual NNN Expense Reimbursements
- Long-Term Regional Tenants Provide Durable Cash Flow And Occupancy Stability
- High-Visibility Location Along Washington Boulevard With 15,344 Vehicles Per Day
- Offered Well Below Replacement Cost At $133.66 Per Square Foot
- Beaumont, TX | Energy And Port-Driven Economy | Population: 113,000 Residents
Executive Summary
Stabilized, 100% Occupied Multi-Tenant Retail Center With 6 Leasable Suites
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,100 SF
Building Class
B
Year Built
2016
Price
$1,840,941 CAD
Price Per SF
$182.27 CAD
Cap Rate
7.78%
NOI
$143,206 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.77 AC
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 300005-000-028600-00000 | Improvements Assessment | $1,089,153 CAD |
| Land Assessment | $96,218 CAD | Total Assessment | $1,185,371 CAD |
Property Taxes
Parcel Number
300005-000-028600-00000
Land Assessment
$96,218 CAD
Improvements Assessment
$1,089,153 CAD
Total Assessment
$1,185,371 CAD
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3010 Washington Blvd
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