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RACEWAY GAS STATION

$3,370,567 | 6.00%

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4205 College Street
Beaumont, Texas

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Features

  • Triple-Net Lease RaceWay Gas Station
    • Single-Tenant Opportunity
    • Five Years Remaining on Lease Term
    • 7, 5-Year Options with 7.5% Rental Increases at Each Option
  • Eligible for 80% Bonus Depreciation in Year One
    • Fee Simple Ownership of Subject Property Allows the Landlord to be Eligible to Use the Accelerated Bonus Depreciation Model (Consulting Your Accountant or Attorney is Advised)
  • Heavily Traveled Road | Directly Off of Interstate 10
    • 41,531 Vehicles per Day Along College Street
    • Over 117,000 Vehicles per Day on Interstate 10
  • Attractive Real Estate
    • Hard Corner Intersection with Large Billboard Pylon
    • 10 Pumps with 40 Nozzles | Diesel and Gas Nozzles Located at Every Pump
    • Plenty of Parking
    • Two Points of Ingress/Egress

Contact

TIMOTHY NICHOLS
Senior Associate
Tel: (630) 570-2183
Timothy.Nichols@marcusmillichap.com
* Broker of Record: Tim Speck

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