790 Neches - Restaurant FOR SALE


Beaumont, TX 77701- Downtown Beaumont
$1,150,000 USD
409-673-7155
790 Neches, Beaumont, TX for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/14
null | 8.4% Cap Rate

790 Neches
Beaumont, TX 77701
Downtown Beaumont


OVERVIEW

This well-maintained 3-space strip center, located in the heart of downtown Beaumont's up and coming Central Business District, is an excellent opportunity for investors. This property is tailored for restaurant tenants, with 2 of the 3 spaces currently leased and generating steady rental income. Current tenants are The Greek Gyro and Las Cazuelas; the middle unit is vacant and available to lease. Lots 473, 476, 465, & 466 on Block 62 as well as lots 407 (partial), 408, 409, 410, 411, & 414 (partial) on Block 57 are included in the sale and will not be divided. Rent roll can be provided.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

8.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Neches Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

-

APN/PARCEL ID

003200-000-022800-00000

ASK ABOUT THIS PROPERTY

Ashley ThompsonRE/MAX ONE -- 9000010More Info
409-673-7155

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Ashley ThompsonRE/MAX ONE -- 9000010More Info
409-673-7155

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