Auto Service - Gas-Conv
RaceWay Gas Station
4205 College St, Beaumont, TX 77707
Listing Price: $3,370,567
Investment Overview
Marcus & Millichap is pleased to present a RaceWay Gas Station in Beaumont, Texas, with five years remaining on a triple-net lease. There are 7, 5-year options with 7.5% rental increases at each option. This property is conveniently situated off of an extremely heavily traveled interstate with over 117,000 vehicles per day. There is a large billboard pylon, 10 pumps with 40 nozzles, plenty of parking, and two points of ingress/egress. Diesel and gas nozzles are located at every pump. Subject property is conveniently surrounded by many major hospitals, over 35 hotels within three miles, and two airports. Major retailers nearby include Sam's Club, H-E-B, Walgreens, CVS, O'Reilly Auto Parts, Advance Auto Parts, Firestone, Starbucks, Chick-fil-A, and many more. 104,824 people live within five miles of subject property and there is a large workforce of over 141,000 people working within five miles.
RaceWay Gas Station
Investment Highlights
- Triple-Net Lease RaceWay Gas Station Situated Off of an Extremely Heavily Traveled Road | Over 117,000 Vehicles per Day on Interstate 10 | 41,531 Vehicles per Day Along College Street
- Five Years Remaining on Lease Term | 7, 5-Year Options with 7.5% Rental Increases at Each Option
- Attractive Real Estate | Hard Corner Intersection with Large Billboard Pylon | 10 Pumps with 40 Nozzles l Diesel and Gas Nozzles Located at Every Pump | Plenty of Parking
- Near Many Major Hospitals | 754 Beds Combined
- 35 Hotels Within Three Miles Including Hilton, Mariott, and Hyatt Hotels
- In Close Proximity to Two Airports | Beaumont Municipal Airport & Jack Brooks Regional Airport
- Major Retailers Nearby Include Sam's Club, H-E-B, Walgreens, CVS, O'Reilly Auto Parts, Advance Auto Parts, Firestone, Office Depot, Dollar Tree, Starbucks, Raising Cane's, Chick-Fil-A, and More
- Dense, Infill Location with Large Workforce in Close Proximity | 104,824 People Live Within Five Miles of Subject Property | 141,624 People Work Within Five Miles
Listing Price: $3,370,567
Investment Highlights
- Triple-Net Lease RaceWay Gas Station Situated Off of an Extremely Heavily Traveled Road | Over 117,000 Vehicles per Day on Interstate 10 | 41,531 Vehicles per Day Along College Street
- Five Years Remaining on Lease Term | 7, 5-Year Options with 7.5% Rental Increases at Each Option
- Attractive Real Estate | Hard Corner Intersection with Large Billboard Pylon | 10 Pumps with 40 Nozzles l Diesel and Gas Nozzles Located at Every Pump | Plenty of Parking
- Near Many Major Hospitals | 754 Beds Combined
- 35 Hotels Within Three Miles Including Hilton, Mariott, and Hyatt Hotels
- In Close Proximity to Two Airports | Beaumont Municipal Airport & Jack Brooks Regional Airport
- Major Retailers Nearby Include Sam's Club, H-E-B, Walgreens, CVS, O'Reilly Auto Parts, Advance Auto Parts, Firestone, Office Depot, Dollar Tree, Starbucks, Raising Cane's, Chick-Fil-A, and More
- Dense, Infill Location with Large Workforce in Close Proximity | 104,824 People Live Within Five Miles of Subject Property | 141,624 People Work Within Five Miles
Investment Overview
Marcus & Millichap is pleased to present a RaceWay Gas Station in Beaumont, Texas, with five years remaining on a triple-net lease. There are 7, 5-year options with 7.5% rental increases at each option. This property is conveniently situated off of an extremely heavily traveled interstate with over 117,000 vehicles per day. There is a large billboard pylon, 10 pumps with 40 nozzles, plenty of parking, and two points of ingress/egress. Diesel and gas nozzles are located at every pump. Subject property is conveniently surrounded by many major hospitals, over 35 hotels within three miles, and two airports. Major retailers nearby include Sam's Club, H-E-B, Walgreens, CVS, O'Reilly Auto Parts, Advance Auto Parts, Firestone, Starbucks, Chick-fil-A, and many more. 104,824 people live within five miles of subject property and there is a large workforce of over 141,000 people working within five miles.
