Drug Store with Absolute NNN
For Sale
Contact for pricing
6850 Eastex Freeway, Beaumont, TX 77708
Long-term absolute net tenancy minimizes landlord obligations and supports passive ownership.
Property SizeContact for details
Days on Market144
Property Features for 6850 Eastex Freeway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Cushman & Wakefield - San Diego, California
(858) 558-5670
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 3:46PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 12,125-square-foot drug store in Beaumont, Texas, is occupied by CVS under an absolute net lease. The agreement began in 2006 with a 25-year initial term, leaving approximately 14 years remaining. The lease assigns zero landlord responsibilities and provides a long-term occupancy profile for the property.
The building occupies a prominent position at Eastex Freeway and TX-105, along Beaumont’s primary retail corridor and just north of Parkdale Mall. The surrounding retail environment includes Target, Walmart, Lowe’s, Ross, Guitar Center, Home Depot, Best Buy, and Michael’s. Eastex Freeway provides access and exposure supported by reported daily traffic counts exceeding 160,000 vehicles.
CVS is publicly traded on the New York Stock Exchange under the ticker symbol CVS and carries a BBB+ credit rating from Standard & Poor’s.
The building occupies a prominent position at Eastex Freeway and TX-105, along Beaumont’s primary retail corridor and just north of Parkdale Mall. The surrounding retail environment includes Target, Walmart, Lowe’s, Ross, Guitar Center, Home Depot, Best Buy, and Michael’s. Eastex Freeway provides access and exposure supported by reported daily traffic counts exceeding 160,000 vehicles.
CVS is publicly traded on the New York Stock Exchange under the ticker symbol CVS and carries a BBB+ credit rating from Standard & Poor’s.
Key Highlights
- 12,125‑square‑foot CVS drug store in Beaumont, Texas
- Absolute net lease with zero landlord responsibilities
- 25‑year initial lease term commenced in 2006
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77708, TX
12,478
Population
5,505
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
1,076
Density / Sq Mi
$59,865
Median Household Income
$36,289
Median Earnings
$1,056
Median Rent
$167,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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- Tap Inc — 6155 Eastex Fwy, Beaumont, TX 77706
Frequently Asked Questions
What type of property is this?
Drug store - Long-term absolute net tenancy minimizes landlord obligations and supports passive ownership.
Where is this drug store located?
The property is located at 6850 Eastex Freeway Beaumont, TX.
What are key features of this property?
This property features: 12,125‑square‑foot CVS drug store in Beaumont, Texas; Absolute net lease with zero landlord responsibilities; 25‑year initial lease term commenced in 2006
