Family Dollar / Dollar Tree

16315 Texas 124, Beaumont, TX 77705

  • For Sale $1,272,000
  • Property Type Retail - Street Retail
  • Property Size 10,500 SF
  • Lot Size 1.72 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 1, 2024
Beaumont is a city in the state of Texas. It is the seat of government of Jefferson County, within the Beaumont–Port Arthur metropolitan statistical area, located in Southeast Texas on the Neches River about 85 miles east of Houston. With a population of 115,282 at the 2020 census, Beaumont is the largest incorporated municipality by population near the Louisiana border. Its metropolitan area was the 10th largest in Texas in 2020, and 130th in the United States. Beaumont has one state university, Lamar University, which is a part of the Texas State University System. The university is classified as a national university. It is also classified as a "Doctoral Research University – Moderate Research Activity" by the Carnegie Foundation. With over 100 degrees offered, the university's main academic offerings are in business, nursing, teaching and engineering. Lamar University's enrollment has grown tremendously in the first decade of the 21st century. This has prompted a building boom at the campus. The school's annual enrollment reaches over 14,000. As downtown Beaumont is the center of business for the metropolitan statistical area, governance and night time entertainment within Southeast Texas, downtown features the Crockett Street Entertainment Complex with entertainment options from dancing, to live music to dining or a bar. In addition to the night time entertainment downtown also features a museum district with five distinct museums. Other entertainment and recreation venues located downtown include the following: Beaumont Civic Center; the Event Centre and plaza features include a twelve-acre great lawn for concerts and a walking path, and a 3,800 sq ft canopy with stage overlooks the great lawn, and a 14,000 sq ft canopy overlooks a two-acre lake with a thirty-five foot fountain; and Beautiful Mountain Skate Plaza..

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Highlights

  • Double Net Lease With Minimal Landlord Responsibilities
  • Build-to-Suit Family Dollar/Dollar Tree Combo Prototype
  • New Combo Stores have Proven Highly Successful for Dollar Tree
  • Lease Supports Six (6), Five-Year Option Periods
  • $.50 Per SF Rental Increases In Each Option Period Offering A Hedge Against Inflation And Automatic Increase In NOI
  • Corporate Guarantee | 16,000 + Locations Nationwide
  • Investment Grade Credit | BBB (S&P)
  • Property Located In Texas | Income Tax-Free State
  • Recession Resistant Tenant With A Nationwide Presence | $22.23B Market Cap
  • Average Household Income Exceeds $101,000 Within A 5-Mile Radius
  • Excellent Visibility With Frontage And Signage Along Highway 124

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Beaumont, TX
  • Neighborhood Fannett
  • Zip Code 77705

Points of Interest

  • Valero

    0.11 miles

  • Exxon

    0.40 miles

  • Chevron

    5.10 miles

  • Fuel Maxx

    8.85 miles

  • Tesla

    9.14 miles

  • Shell

    9.49 miles

  • Mobil

    9.68 miles

  • Homewood Suites by Hilton Beaumont, TX - Tesla Destination

    9.76 miles

  • Subway

    0.19 miles

  • Hunt Brothers Pizza

    0.42 miles

  • TJ's

    1.26 miles

  • Dunkin' Donuts

    1.27 miles

  • TacoBella

    4.56 miles

  • Arby's

    4.62 miles

  • Godfather's Pizza Express

    4.62 miles

  • Chester's

    4.62 miles

  • Denna's Donuts

    5.11 miles

  • Sonic

    6.21 miles

Frequently Asked Questions

How much does Family Dollar / Dollar Tree cost?

The space currently listed for sale at Family Dollar / Dollar Tree asks for $1,272,000.

What is the total square footage of Family Dollar / Dollar Tree?

Family Dollar / Dollar Tree totals 10,500 square feet.

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Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services