4125 Dowlen Rd - Freestanding FOR SALE
Beaumont, TX 77706 |
4125 Dowlen Rd
Beaumont, TX 77706
HIGHLIGHTS
- Opportunity to Acquire a Corporate Verizon in Beaumont’s Main Retail Corridor
- Investment Grade Tenant - Verizon has a Standard & Poor’s rating of BBB+ and is a Fortune 500 Company
- 13-Year Operating History - Verizon Signed a 10-Year Lease Extension in 2020
- Walmart Supercenter Outparcel and Near Parkdale Mall (1.3 Million SF of Retail Space)
- Tenant is Paying Lower Rent, Compared to Other Corporate Verizon Stores
- Excellent Access and Visibility on Dowlen Road, Where Traffic Counts Exceed 22,793 Vehicles per Day
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Verizon (Corporate Store)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
12920.4
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
066830-000-000200-00000
