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Office/Warehouse Building on Eastex Freeway

7415 Eastex Freeway Plaza, Beaumont, TX 77708

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For Sale

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Office and warehouse space with ample parking on 5.5 acres.

Type:Industrial

Property size:

7,048 SF

Lot size:

5.56 Acres

Price / SF:

$156/SF

HighLights

Prime location with ample parking and highest elevation in the city (FEMA Base Flood Elevation).
Suitable for single or multi‑tenant use.
+/- 6,368 SF Office Building and +/- 680 SF Warehouse Building (total +/- 7,048 SF).
Approximately 5.5626 AC land size.
Fire/smoke alarm protection, building security system, and robust electrical system (120/208 volt, three‑phase power).
Durable construction with 24’ X 24’ foundation beam w/ extra reinforcement, R‑11 insulation, and sound‑proofing.

We can help!

Listing Contact

Etha Eglin

Learn more

For Sale

Contact for pricing

Office and warehouse space with ample parking on 5.5 acres.

Type:Industrial

Property size:

7,048 SF

Lot size:

5.56 Acres

Price / SF:

$156/SF

Added:: Nov 15, 2023
Days on Market:: 950
Last Refresh:: May 12 at 9:22 pm

Property Features for 7415 Eastex Freeway Plaza

General Information

Standard status: Active
Size: 7,048 SF
Lot size: 5.56 Acres
Property subtype: Industrial

Building Details

Year Built: 2004

We can help!

Listing Contact

Etha Eglin

Listing agent Etha Eglin License #Tx 676962

Listing office KW Commercial Houston Metropolitan

Listing date Nov 15, 2023

Source Crexi

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 KW Commercial Houston Metropolitan

HighLights

Prime location with ample parking and highest elevation in the city (FEMA Base Flood Elevation).
Suitable for single or multi‑tenant use.
+/- 6,368 SF Office Building and +/- 680 SF Warehouse Building (total +/- 7,048 SF).
Approximately 5.5626 AC land size.
Fire/smoke alarm protection, building security system, and robust electrical system (120/208 volt, three‑phase power).
Durable construction with 24’ X 24’ foundation beam w/ extra reinforcement, R‑11 insulation, and sound‑proofing.

Overview

This 7,048 square foot building, formerly the American Heart Association headquarters, offers a combination of office and warehouse space on approximately 5.5 acres. A 40’ x 120’ section of the building is configured as office suites, while the remaining rear portion, measuring 27’ x 54’-6”, serves as an open warehouse. The building features a 24’ x 24’ foundation beam with an added 5/8” layer, R-11 exterior wall insulation, and 3.5” fiberglass wall insulation for soundproofing. It is equipped with a fire/smoke alarm system with a main panel and sensors, as well as a building security system. Climate control is provided by two 4-ton HVAC heat pumps. The electrical system is 120/208 volt, three-phase power. Flooring materials include marble, sassafras wood, porcelain, and ceramic. The property is suitable for single or multi-tenant use and is situated on the highest elevation in the city according to FEMA Base Flood Elevation. The office building comprises approximately 6,368 square feet, while the warehouse building covers around 680 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$139.6k	$19.80
− Vacancy	−$30.7k	−$4.36
EGI	$108.8k	$15.44
− OpEx	−$27.2k	−$3.86
NOI	$81.6k	$11.58

7,048 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,637 @ 7.0% cap · market cap 7.42%

Second Best

Flex RnD

$1.00M

$875.5K – $1.17M (±1% cap)

NOI $70,037 @ 7.0% cap · market cap 6.37%

Theoretical Best

Office A

$1.66M

$1.46M – $1.94M (±1% cap)

NOI $116,512 @ 7.0% cap · market cap 10.59%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Flex space

Map

City: Beaumont
County: Jefferson
State: Texas
Longitude: -94.1422
Latitude: 30.1583

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For sale
Flex space
TX
Beaumont
77708
7415 Eastex Freeway Plaza

What type of property is this?

Flex space - Office and warehouse space with ample parking on 5.5 acres.

Where is this flex space located?

The property is located at 7415 Eastex Freeway Plaza Beaumont, TX.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Prime location with ample parking and highest elevation in the city (FEMA Base Flood Elevation).; Suitable for single or multi‑tenant use.; +/- 6,368 SF Office Building and +/- 680 SF Warehouse Building (total +/- 7,048 SF).