6355 Highway 347 - Office FOR SALE


Beaumont, TX 77705- South Park
$1,950,000 USD
203-610-7279
6355 Highway 347, Beaumont, TX for Sale
$1,950,000 USD
Office - FOR SALE
1/3
null | 8.01% Cap Rate

6355 Highway 347
Beaumont, TX 77705
South Park


HIGHLIGHTS

  • National Tenant – The property is partially leased to DXP Enterprises (NASDAQ: DXPE), a well-established industrial distribution company with over 170
  • Regional Operator Tenant – Axis Industries, a strong Texas-based operator with multiple locations across the region, recently executed a 3-year lease
  • Functional Industrial Facility – The ±21,540 SF building features metal and masonry construction, 14’–20’ clear heights, and both dock-high (2) and gr
  • Low Site Coverage with Expansion Potential – Situated on ±3.65 acres, the property maintains a low 13.55% coverage ratio, giving tenants valuable flex
  • Strategic Location within the Houston MSA – Located in Beaumont, TX, the site benefits from proximity to I-10 and the Port of Beaumont, a key Gulf Coa

OVERVIEW

Broker of Record Patrick Graham License # 9005919 (TX) Matthews Real Estate Investment Services, Inc 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Industrial Outdoor Storage

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

-

APN/PARCEL ID

300032-000-001400-00000

ASK ABOUT THIS PROPERTY

Thomas WilkinsonMatthews Real Estate Investment ServicesMore Info
203-610-7279

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Thomas WilkinsonMatthews Real Estate Investment ServicesMore Info
203-610-7279

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