16315 Tx-124 Beaumont, TX 77705
This exceptional investment opportunity presents a 10,500 square foot, single-tenant, net-leased Family Dollar/Dollar Tree storefront in Beaumont, Texas. Built in 2021, this build-to-suit property boasts a 10-year lease (expiring March 31, 2031), with six five-year options, each including a $0.50 per square foot rent increase. The property sits on a 1-2 acre lot with excellent visibility and signage along Highway 124. The lease provides a strong corporate guarantee from a highly successful national retailer with over 16,000 locations. The current annual net operating income (NOI) is $105,000, representing an 8.25% cap rate and a price per square foot of $121.14. The property benefits from minimal landlord responsibilities and a recession-resistant tenant in a tax-free state. The average household income within a 5-mile radius exceeds $101,000, indicating a strong local market. This is a turnkey investment with significant upside potential due to the built-in rent escalations and the tenant's proven track record. The property's location, tenant strength, and lease terms make it an attractive addition to any portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.