ABSOLUTE NNN CORPORATE GUARANTEE - 850 I-10 ACCESS RD | BEAUMONT, TX - LoopNet.com
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PROPERTY VIDEO
Taken November 2021
ABSOLUTE NNN
CORPORATE GUARANTEE 850 I-10 ACCESS RD | BEAUMONT, TX
BE AU M O NT, TX
EXCLUSIVELY LISTED BY
PRIMARY CONTACT
S EAN STE PH ENSO N ST E V E N DAV I S M A R K M cLO ON E BROKE R OF RE CORD
Se n i o r A d v i s or Man aging Par tner M anaging Par tn er S tev en Kl ei m an
AZ L i c : S A 6 5 3 2 7 2 0 0 0 A Z Lic: BR101032000 AZ Lic: BR6732 50000 TX Li c: 492577
619.944.6477 6 0 2 .625.8338 602.790.1526
s e a n @ r e t a i l 1 0 3 1 .c o m ste ven@r etail1031.com m ar k@r etail1031.com
11TH ST
HOLLYWOOD ST
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PROPERTY VIDEO
FANNIN ST
FANNIN ST ±135,150 VPD
WALL ST
COLLEGE ST
BELMONT ST
23RD ST
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS
850 I-10 Access Road I-10 frontage
ADDRESS
$3,865,000 Beaumont, TX 77707
Tax-free state
PR I C E LEASE TYPE Absolute NNN
5.9% LEASE Corporate guarantee (51 Texas Locations)
CA P October 2028
EXPIRATION
College Street at Stagg Drive sees over 40,000
$228,084 LESSEE Hooters
vehicles per day
NOI
Corporate
GUARANTOR
(All Texas Locations) Nearby retailers include Verizon, Starbucks,
OPTIONS (3) 5-Year Options Office Depot, Harley Davidson, Taco Bell, Raising
Cane’s, Walgreens, Discount Tire and more
±6,076 SF INCREASES July 1, 2026 - $250,884.00
B U I L D I NG SI ZE
ROFR No
±0.63 AC
L A N D SI ZE
2014
YEAR REMODELED
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
Taken November 2021
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
Taken November 2021
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
POPULATION OF
±104,396
WITHIN 5-MILES
±135,150 VPD
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
TENANT PROFILE
Back in 1983 in Clearwater, Florida, six businessmen with no restaurant experience whatsoever got together
HOOTERS.COM to open a place they couldn’t get kicked out of. True story.
WE BS I T E
More than three decades later, the Hooters brand has grown into an international sensation. Hooters of
1983 America, LLC, is the proud franchisor and operator of more than 420 Hooters restaurants in 42 states and
F OU NDED
29 countries. Throughout the years, Hooters has been delighted to rescue millions from the ordinary with
one-of-a-kind hospitality and consistently good food.
±39 YEARS
I N BU S I N E SS
Hooters offers craveable food, cold beer, and all the sports you could possibly watch on wall-to-wall big
screen TVs.
ATLANTA, GA
H E A DQUA RT E RS
±4 20 ±3 5,000 ± 42 STAT E S ± 2 9 C O UN T R I E S
Lo cat io n s E m p lo yees in t he U.S. Wo r ld w id e
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BE AU M O NT, TX
Q UI C K FAC TS ABOUT BEAUMONT, TX
2 02 0 PO P UL AT ION Beaumont is located in southeast Texas along the Texas/Louisiana border and near the Gulf of Mexico. Locals
±115,282 commonly refer to this area as the Golden Triangle, referencing the larger cities in the region - Beaumont, Port
Arthur and Orange. Smaller cities include Port Neches, Nederland, Groves, Vidor and Bridge City.
COU NT Y
JEFFERSON Beaumont is the birthplace of Spindletop, the largest oil discovery in Texas, that jump started Texas’
transformation into a major petroleum producer and industrial power.
I NCORPO R AT ION
1838
Beaumont is home to Lamar University, a national Carnegie Doctoral Research university with ±14,966
TOTA L ARE A students, including undergraduates and postgraduates. Over the years, several corporations have been
± 8 5 .1 9 S Q M I based in this city, including Gulf States Utilities, which had its headquarters in Beaumont until its takeover by
Entergy Corporation in 1994. GSU’s Edison Plaza headquarters remains the tallest building in Beaumont.
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
DEMOGRAPHICS
POPU LATIO N 1 Mile 3 Miles 5 Miles
2022 Population 4,068 54,954 104,396
2022 Median Age 34.9 36.6 35.2
FOOD AWAY FROM HOME
IN COM E 1 Mile 3 Miles 5 Miles SPENDING OF OVER
2022 Avg HH Income $55,652 $74,321 $74,600 $117,500,000
2022 Med HH Income $39,140 $51,972 $53,149
WITHIN 5-MILES
H OU S EH OLDS 1 Mile 3 Miles 5 Miles
2022 Households 1,500 21,659 40,628
2022 Avg HH Size 2.6 2.5 2.5
2022 POPULATION
OF OVER
DAYTIM E DE MOS 1 Mile 3 Miles 5 Miles 104,000
2022 Employees 10,570 47,990 67,564 WITHIN 5-MILES
2022 Businesses 1,086 4,705 6,494
TRAFFIC COUNTS 2022 AVG HH INCOME
OF OVER
College St @ Stagg Dr NE ±40,215 VPD
College St @ I10 Access Rd W ±27,711 VPD
$74,000
WITHIN 5-MILES
Costar 2022
480.429.45 80 | ret ail1031.com
BE AU M O NT, TX
EXCLUSIVELY LISTED BY
PRIMARY CONTACT
S EAN STE PH ENSO N ST E V E N DAV I S M A R K M cLO ON E BROKE R OF RE CORD
Se n i o r A d v i s or Man aging Par tner M anaging Par tn er S tev en Kl ei m an
AZ L i c : S A 6 5 3 2 7 2 0 0 0 A Z Lic: BR101032000 AZ Lic: BR6732 50000 TX Li c: 492577
619.944.6477 6 0 2 .625.8338 602.790.1526
s e a n @ r e t a i l 1 0 3 1 .c o m ste ven@r etail1031.com m ar k@r etail1031.com
4 80. 4 2 9. 4 580 | r e ta i l 1 0 3 1 .c o m
C ONF IDENTI A LITY DI SC LAIME R
This confidential Offering Memorandum has been prepared by Retail Investment Group for use by a limited number
of parties whose sole purpose is to evaluate the possible purchase of the subject property. The information contained
herein has been obtained from the owner of the property or sources we believe to be reliable. While we do not doubt its
accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is the responsibility of
the prospective purchaser to independently confirm the accuracy and completeness of all information before completing
any purchase.
This Offering Memorandum is intended to provide a summary, unverified financial and physical information to prospective
purchasers and to establish only a preliminary level of interest in the subject property. The information contained herein
is not a substitute for a thorough due diligence investigation. Retail Investment Group has not made any investigation,
and makes no warranty or representation with respect to the income or expenses for the subject property, the future
projected financial performance of the property, the size and square footage of the property and improvements, the
presence of absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal
regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any
tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.
Additional information and an opportunity to inspect the subject property will be made available upon written request to
interested and qualified prospective investors. Prospective buyers shall be responsible for their costs and expenses of
investigating the subject property.
Please do not disturb the tenant(s), management or seller. All property showings are by appointment only.
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