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5990 College Street
Beaumont, TX 77707
Asking Price
$1.00M
Asset Type
Distribution Office
Class
Class B
What's Special
Office | 6,000 SqFt <ul><li>285 +/- Feet of Frontage on College Street (Highway 90)</li><li>300 +/- Feet of Frontage on Langham Road</li><li>Excellent Visibility</li><li>Easy acces to / from College Street (Highwy 90), Interstate 10, U. S. Highway 69/96/287 and Major Drive (Highway 364)</li><li>Great Location for Industrial Sales & Service Facility</li><li>Zoned Light Industrial (Buyer should verify the Zoning of the Property and confirm with the City of Beaumont that Buyer's intended use is in compliance wit
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
