Texas Disclaimer:

Edward DeSimone (In conjunction with Matthews™, a cooperatingforeign broker for this listing pursuant to Section 535.4(b) of the TexasAdministrative Code)

• Attractive Cap Rate: List Price of $1,283,333 yielding an attractive 9.00% cap rate.
• Modern Build-To-Suit: ±9,100 square foot built-to-suit building constructed in 2010 for Dollar General. The building sits on a ±1.44-acre parcel including 50 parking spaces.
• Lease Term Remaining: ±1.54 years left on the primary term of the lease with five, 5-year options to extend. The tenant has until 7/2/27 to notify the landlord if they will be extending the lease term.
• Scheduled Rent Increases: 10% rental increases at the start of each of the tenant’s five 5-year options. An investor’s yield would increase to an attractive 9.90% in option 1.
• Corporate Guarantee: Strong corporate guaranty from Dollar General Corporation, a Fortune 500 tenant, boasting a BBB credit rating (S&P) and a $28 billion market cap.
• NN+ Lease Structure: NN+ lease with landlord responsibilities limited to roof, structure, and parking lot. Tenant responsible for all HVAC maintenance and replacement.
• Full Maintenance Reimbursement: The tenant reimburses the landlord in full for all maintenance expenses related to the property. Additionally, the tenant contributes $300 per month toward property upkeep.
• Prime Corner Location: Located on the corner of 11th St (4 lanes) and Cedar St (2 lanes) seeing over ±18,500 vehicles per day. The site benefits from dual access points, ensuring convenient ingress and egress for customers.
• Strong Demographics: The property is located in the heart of Beaumont, TX, which has over 104,545 residents with an average household income of $88,491 within a 5-mile radius.
• Proximity To Transit & Medical: The property sits next to Beaumont Train Station, the major train station for the area, increasing foot traffic to the store. Two medical facilities sit within 0.5 miles of the site: Christus Outpatient Pavilion St. Elizabeth (a major outpatient facility with over 460 beds) and Legacy Community Health – Central Beaumont Clinic (a federally qualified health center serving a demographic with strong overlap with Dollar General’s core customer base).