Property profile

3960 Eastex Fwy Beaumont, TX 77703

OFF-MARKET
Lifestyle centers
Built 1997
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Property summary

AI-generated overview

This exceptional 3,276 square foot retail property, located at 3960 Eastex Freeway in Jefferson County, presents a unique investment opportunity. Built in 1997 and extensively renovated in 2023, this Class B, single-tenant building offers significant potential. Situated in a high-traffic retail sector of Southeast Texas, the property benefits from its proximity to major retailers such as Parkdale Mall, Target, and Dowlen Road, ensuring consistent customer flow. The property features a large parking area to accommodate ample customer parking, enhancing convenience and accessibility. Two prominent monument signs provide excellent visibility and brand recognition for tenants. The property is strategically located near a Home Depot, benefiting from the substantial traffic generated by this anchor tenant. The 3,276 square feet of space is currently vacant and offers flexibility; it can be divided to suit various business needs. This single-story building is part of a shopping center and presents a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving commercial area. The property's recent renovation ensures modern amenities and a move-in ready condition. The long-term tenant history speaks to the property's desirability and stability within the market.

Property profile

Verified
Property type Lifestyle centers
Year built 1997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store

Location

3960 Eastex Fwy Beaumont, TX 77703
Beaumont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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