For Sale
$1,600,000

4180 Delaware StBeaumont, TX 77706

Stabilized Medical & Traditional Office Building

Overview

Added:
Dec 11, 2024
Days on market:
116
The Courtyard, located at 4180 Delaware St, Beaumont, TX 77706, presents a compelling investment opportunity. This stabilized Class B office complex, totaling 14,155 square feet, sits on a 1.3-acre lot zoned RM-H. Currently housing seven tenants in a multi-tenant configuration under NNN leases, the property boasts a strong occupancy rate, with an occupancy date of May 31, 2022. The asking price is $1,600,000, representing a price per square foot of $113.03 and a 7.30% cap rate. The property generates a Net Operating Income (NOI) of $116,779. This centrally located Beaumont building is ideal for upper-end office tenants and has been under the same ownership since its construction in the mid-1980s. The property's diverse tenant base and consistent income stream make it an attractive investment for those seeking a stable, high-performing asset in a desirable location within Jefferson County. This is a rare opportunity to acquire a well-maintained, established office complex with a proven track record of success. The property offers a blend of medical and traditional office spaces, catering to a broad range of potential tenants.

Highlights

  • 14,155 SF Class B office building on a 1.3-acre lot in Beaumont, TX.
  • 7-tenant, multi-tenant building with NNN leases and strong occupancy.
  • Asking price: $1,600,000 ($113.03/SF), 7.30% cap rate, $116,779 NOI.
  • Centrally located in Jefferson County with a diverse tenant base (medical and traditional office).
  • Stabilized property with consistent income stream, built mid-1980s, under same ownership.

Property Details for 4180 Delaware St

Property type
Office properties, Medical offices
Square Feet
14,155 SF
Class
B
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Beaumont
County
Jefferson
State
Texas
Latitude
30.10437595
Longitude
-94.14619292
4180 Delaware St, Beaumont, Texas

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4180 Delaware St
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