Investment Overview

Beaumont Village is an 81 percent occupied, 159,202-square-foot, multi-tenant community retail center located in Beaumont, Texas. All current leases are triple-net, and tenants are a complimentary mix of national and local retailers including Focus Services, Citi Trends, Affordable Home Furnishings, Family Dollar, EZ Pawn, La Morenita Meat Market, King Smiles Dental, Covington Credit Corporation, Boost Mobile, H&R Block, Village Washateria, Hair World Beauty Supply, and others. The landlord is currently in the process of replatting the land parcel; landlord estimates the acreage will be approximately 16.27 acreage after the replat is completed. The subject property is located at the signalized, hard corner of Concord Road and East Lucas Drive, less than one-half of a mile northeast of Highway 287/Eastex Freeway, one of the major thoroughfares in the city. Beaumont Village is positioned near a dense retail trade area with hundreds of national retailers including The Home Depot, Target, Academy Sports and Outdoors, Barnes & Noble, Walmart, Lowe's Home Improvement, Big Lots, Burlington, Boot Barn, Dollar Tree, Best Buy, Kohl's, Hobby Lobby, and many more. The center is near Parkdale Mall, featuring more than 130 tenants and anchored by Dillard's, JCPenney, Dick's Sporting Goods, and Stage.