Property summary
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.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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