Two-Bay Quick-Lube Auto
New
For Sale
Contact for pricing
6596 College Street, Beaumont, TX 77707
Existing quick-lube improvements are configured for automotive service operations.
Property Size1,849 SF
Lot Size0.41 Acres
Price / SF$378.58
Days on Market7
Property Features for 6596 College Street
General Information
Standard status
Active
Size
1,849 SF
Lot size
0.41 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Modified
Investment Type
Net Lease
Net Operating Income
$50,750
Additional Details
Service Bays
2
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group
(844) 474-4666
Listed By:
Gary Berwick · License #AZ BR625869000
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 3:52AM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
The property includes a 1,849-square-foot quick-lube structure with two service bays on a 0.41-acre parcel. The building is currently occupied by a quick-lube business, providing an existing automotive-service configuration at the site.
Located at 6596 College Street in Beaumont, Texas, the property combines a dedicated quick-lube building with an established operating use. Its physical layout is suited to automotive service activity.
Located at 6596 College Street in Beaumont, Texas, the property combines a dedicated quick-lube building with an established operating use. Its physical layout is suited to automotive service activity.
Key Highlights
- 1,849 SF quick‑lube structure
- Two‑bay automotive service building
- 0.41‑acre parcel
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
$20,607
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
2.94%
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%
$412,140
$412.1K
Cap Rate 7%
$294,386
$294.4K
Cap Rate 9%
$228,967
$229.0K
Market Conditions
NOI Build-Up for 1,849 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
$32.2K $17.40/SF
− Vacancy
−$2.7K −$1.48/SF
EGI
$29.4K $15.92/SF
− OpEx
−$8.8K −$4.78/SF
NOI
$20.6K $11.14/SF
Area
Beaumont, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
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%
$412,140
Cap Rate 7%
$294,386
Cap Rate 9%
$228,967
Alternative Uses
Best Use
Retail
$294.4K
$257.6K – $343.5K
NOI $20,607 @ 7.0% cap · market cap 2.94%
Second Best
Industrial
$196.0K
$171.5K – $228.7K
NOI $13,722 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$436.7K
$382.1K – $509.4K
NOI $30,566 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Service bays
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Well-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Seals Transmissions — 1035 Lindbergh Dr A, Beaumont, TX 77707
- Top Gun — 1355 Amelia St, Beaumont, TX 77707
- Sata Collision Center — 1015 Montrose Ave, Beaumont, TX 77707
- Glen's Auto Repair — 1270 Lindbergh Dr, Beaumont, TX 77707
- Snowden Automotive — 7675 College St, Beaumont, TX 77707
Frequently Asked Questions
What type of property is this?
Auto shop - Existing quick-lube improvements are configured for automotive service operations.
Where is this auto shop located?
The property is located at 6596 College Street Beaumont, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,849 SF quick‑lube structure; Two‑bay automotive service building; 0.41‑acre parcel
