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Auto Service - Gas-Conv

Green Acres Grocery

16091 TX-124, Beaumont, TX 77705

Listing Price: $1,950,000

Cap Rate
19.49%
Tenant Name
None
Years Remaining On Lease
1.1
Guarantor
No Guarantee
Rentable SF
5,800
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire the combined Real Estate and Business Operations of Green Acres Grocery, located at 16091 Highway 124, Beaumont, Texas. Built in 1983, the property is on 0.85 acres of land spanning 5,800 square feet of real estate. The owner/user model presents an outstanding investment opportunity for this property.

Investment Highlights

  • Ideal Location: Situated at 16091 Hwy 124 in Beaumont, TX, this property enjoys a prime location that is both highly visible and effortlessly accessible. Positioned strategically on a prominent corner
  • Cash on Cash Return: This property offers investors an exceptional cash-on-cash return. With an impressive 37% return rate, investors can recoup their investment rapidly
  • The gas station's location resides in an area characterized by favorable demographics, set to experience projected population growth within a 1–3-mile radius over the next five years
  • Deli/Meat Market: The gas station features a deli/meat market highly frequented by local residents for both dining and shopping. This popularity translates into robust sales figures for the deli/meat market section as well as for all other merchandise sold inside the store.

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Green Acres Grocery

Listing Price: $1,950,000

Cap Rate
19.49%
Tenant Name
None
Years Remaining On Lease
1.1
Guarantor
No Guarantee
Rentable SF
5,800
Lease Type
Triple Net (NNN)

Investment Highlights

  • Ideal Location: Situated at 16091 Hwy 124 in Beaumont, TX, this property enjoys a prime location that is both highly visible and effortlessly accessible. Positioned strategically on a prominent corner
  • Cash on Cash Return: This property offers investors an exceptional cash-on-cash return. With an impressive 37% return rate, investors can recoup their investment rapidly
  • The gas station's location resides in an area characterized by favorable demographics, set to experience projected population growth within a 1–3-mile radius over the next five years
  • Deli/Meat Market: The gas station features a deli/meat market highly frequented by local residents for both dining and shopping. This popularity translates into robust sales figures for the deli/meat market section as well as for all other merchandise sold inside the store.

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire the combined Real Estate and Business Operations of Green Acres Grocery, located at 16091 Highway 124, Beaumont, Texas. Built in 1983, the property is on 0.85 acres of land spanning 5,800 square feet of real estate. The owner/user model presents an outstanding investment opportunity for this property.

Exclusively Listed By

Financing By

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