108 S Lhs Dr - Freestanding FOR SALE


Lumberton, TX 77657- Northwest Beaumont
$2,327,200 USD
408-510-9057
108 S Lhs Dr, Lumberton, TX for Sale
$2,327,200 USD
Freestanding - FOR SALE
1/3
null | 6% Cap Rate

108 S Lhs Dr
Lumberton, TX 77657
Northwest Beaumont


HIGHLIGHTS

  • NNN Lease with ±14 Years Remaining and Zero Landlord Responsibilities
  • Scheduled 10% Rent Increases Every 5 Years
  • Two (2) Five-Year Renewal Options Providing Up to 10 Additional Years
  • Operated by CSM Group, an Established ±141-Unit Popeyes Franchisee and Back-to-Back Franchisee of the Year (2024, 2025)
  • Positioned Along S LHS Drive (±23,327 VPD) Near U.S. Highway 96
  • Strong Retail Corridor with Walmart, Starbucks, Chick-fil-A, Chipotle, and Burger King

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Popeyes drive-thru located at 108 S LHS Drive in Lumberton, Texas, within the growing Beaumont-Port Arthur trade area. The ±2,794-square-foot restaurant, built in 2020, sits on ±0.87 acres and is secured by an NNN lease with approximately 14 years remaining through December 2040, zero landlord responsibilities, and two (2) five-year renewal options. The property generates $139,632 in annual base rent at a 6.00% cap rate, with scheduled 10% rent increases every five years providing consistent income growth and inflation protection. The location is operated by CSM Group, an established ±141-unit Popeyes franchisee recognized as Popeyes Franchisee of the Year in both 2024 and 2025. The property is positioned along S LHS Drive (±23,327 VPD), Lumberton's primary commercial corridor near U.S. Highway 96, with corridor neighbors including Walmart, Starbucks, Chick-fil-A, Chipotle, and Burger King. The 3-mile trade area holds 19,728 residents with an average household income of $123,640. The asset sits within the Beaumont-Port Arthur MSA, home to approximately 401,173 residents and anchored by major employers including ExxonMobil, Motiva, Valero, CHRISTUS Southeast Texas, and Baptist Hospitals. Popeyes operates 3,700+ locations worldwide as a subsidiary of Restaurant Brands International (S&P: BB), pairing iconic brand strength with stable, long-term net-lease income.

FOR SALE DETAILS

PRICE

$2,327,200 USD

PRICE/SF

$833 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes | NNN | ±14 Yrs | Lumberton, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C

APN/PARCEL ID

004605-000018

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.