Property summary
This exceptional Class A property, a former Hooters location, presents a unique investment opportunity in Beaumont, Texas. Boasting 27,442 total square feet on a 0.63-acre lot, the building was constructed in 2004 and offers 6,076 square feet of net rentable space, priced at $100.21 per square foot. The asking price is $2,750,000, making it an attractive owner/user investment under a net lease structure. Strategically situated on I-10 with prominent freeway frontage, this location benefits from high daily traffic counts exceeding 130,000 vehicles. Further enhancing its visibility and accessibility, the property includes a pylon for advertising purposes. The surrounding area boasts strong retail presence, including national brands such as Verizon, Starbucks, Office Depot, Harley Davidson, Taco Bell, Raising Cane's, Walgreens, and Discount Tire. The property's location also benefits from proximity to College Street and Stagg Drive, which see over 40,000 vehicles daily. Beaumont's growing population of over 100,000 residents, coupled with a three-mile radius encompassing 82,000 people, ensures a substantial customer base. Texas's favorable no-income-tax environment adds to the investment appeal. This is a turnkey opportunity for a savvy investor or business owner seeking a high-visibility location in a thriving market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
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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