Retail Space with Multiple
For Sale
Contact for pricing
3920 Phelan Boulevard, Beaumont, TX 77707
Built-out retail space with a main office, shop areas, and five total offices for a long-tenured occupant.
Property Size4,660 SF
Lot Size0.48 Acres
Price / SF$160.94
Days on Market682
Property Features for 3920 Phelan Boulevard
General Information
Standard status
Active
Size
4,660 SF
Total Parking Spaces
15
Lot size
0.48 Acres
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Office Units
5
Building Details
Buildings
4
Tenancy
Single
Listing Agency:
RE/MAX ONE
(409) 673-3513
Listed By:
Ryan Harrington · License #0558472
(409) 673-3513
Source:
Moodyscre
Added: Sep 17, 2024
Changed: Jul 30
Last Checked: Jul 30 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE
Investment Insights
Based on property information with market context.
This retail space includes several structures totaling +/-4,660 SF, supporting a built-out office-and-shop operation. The property features a main office of +/-2,236 SF, a shop building of +/-1,800 SF, a heated and cooled shop of +/-336 SF, and a detached office of +/-228 SF. There are five offices total, and restrooms are located in the larger of the two buildings.
The property is positioned on the NE corner of Phelan Boulevard and 24th Street. It sits on +/-0.48 acres with roughly 15,400 SF of concrete and 15 parking spaces, providing on-site surface area for day-to-day operations.
A long-tenured tenant, Image 360, occupies the space, adding stability for a buyer or investor looking for an income-producing retail configuration tied to an established operation.
The property is positioned on the NE corner of Phelan Boulevard and 24th Street. It sits on +/-0.48 acres with roughly 15,400 SF of concrete and 15 parking spaces, providing on-site surface area for day-to-day operations.
A long-tenured tenant, Image 360, occupies the space, adding stability for a buyer or investor looking for an income-producing retail configuration tied to an established operation.
Key Highlights
- Several structures totaling +/-4,660 SF, including a +/-2,236 SF main office
- Shop building of +/-1,800 SF plus heated and cooled shop of +/-336 SF
- Detached office of +/-228 SF with five offices total
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.3k | $19.80 |
| − Vacancy | −$20.3k | −$4.36 |
| EGI | $72.0k | $15.44 |
| − OpEx | −$18.0k | −$3.86 |
| NOI | $54.0k | $11.58 |
4,660 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$771.1K
$674.7K – $899.6K
NOI $53,977 @ 7.0% cap · market cap 7.20%
Second Best
Retail
$741.9K
$649.2K – $865.6K
NOI $51,934 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$1.10M
$962.9K – $1.28M
NOI $77,035 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 77707, TX
17,509
Population
7,312
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
14.2 sq mi
ZIP Area
1,233
Density / Sq Mi
$73,782
Median Household Income
$41,091
Median Earnings
$1,244
Median Rent
$162,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Built-out retail space with a main office, shop areas, and five total offices for a long-tenured occupant.
Where is this retail space located?
The property is located at 3920 Phelan Boulevard Beaumont, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Several structures totaling +/-4,660 SF, including a +/-2,236 SF main office; Shop building of +/-1,800 SF plus heated and cooled shop of +/-336 SF; Detached office of +/-228 SF with five offices total
