1497 W Cardinal Dr - Service FOR SALE


Beaumont, TX 77705- South Park
$2,569,600 USD
404-504-7900
1497 W Cardinal Dr, Beaumont, TX for Sale
$2,569,600 USD
Service - FOR SALE
1/4
null | 7% Cap Rate

1497 W Cardinal Dr
Beaumont, TX 77705
South Park


HIGHLIGHTS

  • Brand-new, landlord friendly lease
  • Attractive annual rent escalations
  • Located within the Beaumont Industrial Submarket

OVERVIEW

CBRE is pleased to exclusively offer for sale the 4,916-square-foot United Site Services building situated on 2.99 acres in Beaumont, TX (MSA Population: 399,460). United Site Services’ brand-new net lease features ±9.3 years of term remaining with two, 5-year renewal options at FMV. The lease limits the Landlord’s obligations to the building structure and roof, which was replaced in 2017 and currently under warranty.

FOR SALE DETAILS

PRICE

$2,569,600 USD

PRICE/SF

$219 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Site Services: Beaumont, TX

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2.99

LAND SF

130,244

ZONING

C

APN/PARCEL ID

233220-000-006820-00000

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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