3610 Stagg DrBeaumont, TX 77701

This exceptional investment opportunity presents a 15,709 square foot, three-tenant retail and medical center in Beaumont, Texas. The property, built in 1968 and renovated in 2016, boasts 100% occupancy with a strong NOI of $275,900 and an 8.00% cap rate. Tenants include Safelite AutoGlass, Medical United Foundation, and Educare Community Living Corporation, operating under a triple-net lease (NNN). The 0.92-acre lot is strategically located adjacent to an H-E-B grocery store and is an outparcel to the Gateway Shopping Center, which includes prominent retailers such as Planet Fitness, Firestone, Dollar Tree, and Jason's Deli. The property benefits from its proximity to two major hospital systems, Christus Health and Baptist Hospitals of Southeast Texas, serving a dense population of over 103,000 residents within a five-mile radius. High traffic volume on S 11th St (20,260 VPD) and College St (30,153 VPD) ensures excellent visibility and accessibility. The asking price is $3,450,000, translating to $219.62 per square foot. This property represents a compelling investment in a thriving Texas market, known as the "Golden Triangle" for its significant energy sector. The below-market rent for Safelite AutoGlass presents further upside potential.