Property summary
This exceptional 53,311-square-foot former grocery store in Beaumont, Texas, is available for lease. Located within Phelan Plaza at 3955 Phelan Blvd, this Class B property offers a single-story building with high visibility at the busy intersection of Phelan Blvd. and 23rd St. The space is fully vacant and can be leased as a whole (53,311 sq ft) or potentially subdivided to a minimum of 10,000 sq ft. The property benefits from its location in a neighborhood shopping center with a total gross leasable area of 100,693 square feet. Its strategic corner location ensures high traffic and excellent visibility, attracting a significant number of potential customers. The presence of nearby established businesses, including a Kroger, further enhances foot traffic and creates a thriving retail environment. This property presents a unique opportunity for a grocery store or other large-format retailer seeking a prominent location in a busy Beaumont commercial area. The property is situated in Jefferson County, Texas, and has a zip code of 77707. The building consists of two suites in total. This is a rare opportunity to secure a substantial retail space in a high-traffic location.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Credit Union
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Bank Credit Union
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Law Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property 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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