Medical Office with Exam
For Sale
Contact for pricing
3560 Delaware St. Suite 1104 & 1105, Beaumont, TX 77706
Combined office suites offer medical-ready rooms, laboratories, patient areas, and multiple entrances for flexible occupancy.
Property Size2,584 SF
Price / SF$241.87
Days on Market18
Property Features for 3560 Delaware St. Suite 1104 & 1105
General Information
Standard status
Active
Size
2,584 SF
Property subtype
Office
Additional Details
Office Units
2
Listing Agency:
Coldwell Banker Southern Homes
(409) 454-3227
Listed By:
Barbara Kearns · License #TX
Source:
Crexi
Added: Jul 25
Changed: Aug 10
Last Checked: Aug 10 at 8:52AM
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 Coldwell Banker Southern Homes
Investment Insights
Based on property information with market context.
This medical office property combines two suites into a substantial professional workspace with a generous reception and patient waiting area. The layout includes 9 exam rooms, 6 bathrooms, 2 labs, 12 employee workstations, an executive office, and multiple supply closets. Tile flooring and updated interior finishes support a polished professional setting, while three whole-office Generac generators provide dedicated backup power. Several exterior entrances allow the space to function as one operation or be divided into two separate offices.
Located within Delaware Office Park at 3560 Delaware St. in Beaumont, the property is suited to medical or professional office use. Its existing room configuration and separate access points provide a practical foundation for an established practice, larger office, or collaborative operation.
Located within Delaware Office Park at 3560 Delaware St. in Beaumont, the property is suited to medical or professional office use. Its existing room configuration and separate access points provide a practical foundation for an established practice, larger office, or collaborative operation.
Key Highlights
- Two combined suites with the ability to operate as separate offices
- 9 exam rooms, 2 labs, and 6 bathrooms
- 12 employee workstations plus an executive office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,972
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$599,440
$599.4K
Cap Rate 7%
$428,171
$428.2K
Cap Rate 9%
$333,022
$333.0K
Market Conditions
NOI Build-Up for 2,584 SF
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.
Gross rent
$55.8K $21.60/SF
− Vacancy
−$5.9K −$2.27/SF
EGI
$50.0K $19.33/SF
− OpEx
−$20.0K −$7.73/SF
NOI
$30.0K $11.60/SF
Area
Beaumont, TX
Vacancy
10.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$599,440
Cap Rate 7%
$428,171
Cap Rate 9%
$333,022
Alternative Uses
Best Use
Healthcare Medical
$428.2K
$374.7K – $499.5K
NOI $29,972 @ 7.0% cap · market cap 4.80%
Second Best
Office B
$427.6K
$374.1K – $498.8K
NOI $29,930 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$610.2K
$534.0K – $712.0K
NOI $42,717 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77706, TX
29,910
Population
14,963
Households
2
Avg Household Size
40
Median Age
46%
College-Educated
94%
High-School Grad
10.1 sq mi
ZIP Area
2,961
Density / Sq Mi
$77,644
Median Household Income
$51,442
Median Earnings
$1,176
Median Rent
$238,800
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?
Medical Office Space - Combined office suites offer medical-ready rooms, laboratories, patient areas, and multiple entrances for flexible occupancy.
Where is this medical office space located?
The property is located at 3560 Delaware St. Suite 1104 & 1105 Beaumont, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two combined suites with the ability to operate as separate offices; 9 exam rooms, 2 labs, and 6 bathrooms; 12 employee workstations plus an executive office
