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    OFF-MARKET
    Retail properties & Spaces

    850 I-10, Beaumont, TX 77707

    27,442 SF 0.63 ac lot Built 2004
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2004
    Total area 27,442 SF
    Lot 0.63 ac (27,443 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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