3990 E Lucas Dr - Drug Store FOR SALE


Beaumont, TX 77708- Pine Cone
$750,000 USD
925-348-1844
3990 E Lucas Dr, Beaumont, TX for Sale
$750,000 USD
Drug Store - FOR SALE
1/3
null | Request Cap Rate

3990 E Lucas Dr
Beaumont, TX 77708
Pine Cone


HIGHLIGHTS

  • Vacant Retail Opportunity
  • Income Tax Free State - Texas
  • Positioned on heavily trafficked East Lucas Drive
  • Located at the gateway to the 4,000-acre, 20,000-home master planned community known as "Mission Ridge."
  • Featuring 13,500 square feet building situated on 1.138 AC
  • In close proximity to national tenants including Whataburger, Dairy Queen, Family Dollar, and more $750,000

OVERVIEW

The Kase Group is pleased to present the opportunity to acquire a vacant retail property in Beaumont, Texas. The building totals 13,500 square feet and sits on a 1.138-acre lot along East Lucas Drive. The property benefits from strong nearby retail, with neighboring tenants including Whataburger, Dairy Queen, Family Dollar, and several other national and local businesses. This offering presents a compelling value-add opportunity for investors. The property’s single-tenant retail layout allows for a variety of repositioning options, whether through leasing, redevelopment, or adapting the space for a new concept. Located in Texas, a state with no personal income tax and a pro-business environment, the asset offers strong long-term investment potential. The site is also positioned at the entrance to Mission Ridge, a 4,000-acre master-planned community. As the gateway to a growing neighborhood expected to include roughly 20,000 homes, the property benefits from strong visibility and convenient access to the surrounding residential and commercial development. This location makes it well suited for retailers or service businesses looking to serve a rapidly expanding area.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Walgreens - Value Add Opporunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

CROSS STREETS

Concord Rd

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

021850-000-000100-00000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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