Investment Highlights

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
» 8% rental increases every five years, providing a hedge against inflation
» No landlord management, ideal for an out-of-area investor
» Located in an income tax free state

IRREPLACEABLE INFILL LOCATION IN DENSE RETAIL CORRIDOR
» Just off of the signalized intersection of Central Mall Drive and East Farm to Market Road 365, which experiences a high traffic count of 28,150 vehicles per day
» Convenient access to U.S. 287, a major north-south interstate highway connecting Texas and Montana (35,400 AADT), increasing visibility to the site
» Strategically located beside Central Mall, a 700,000+ SF mall featuring 73 stores and notable tenants such as Target, Bed Bath & Beyond, JCPenney, T.J. Maxx, and more
» Within two miles of 15 hotels, including TownePlace Suites by Marriott Beaumont-Port Arthur (96 rooms) and Holiday Inn Express & Suites Port Arthur (92 rooms)
» Surrounded by large employers, including Sunoco Oil/Phillips 66 (3,622 employees), Valero Refining Group (825 employees), BASF Corporation (460 employees), and Total Petrochemicals & Refining (450 employees

LARGE CUSTOMER BASE WITH AFFLUENT DEMOGRAPHICS
» Average household income of $82,378 within three miles of the property, with a projected 14 percent increase in the next five years
» Large customer base, with a population of 41,838 within three miles and 84,414 within five miles of the property
» Within two miles of seven apartment complexes, increasing traffic to the site
» Three miles from Jack Brooks Regional Airport (30,000+ annual passengers, serves an expanding regional population base in excess of 500,000)

NEW 2020 CONSTRUCTION
» High-quality construction completed in 2020
» Features latest Arby’s prototype and dedicated drive-thru

Property Description

The property is just off of the signalized intersection of Central Mall Drive and East Farm to Market Road 365, which experiences a high traffic count of 28,150 vehicles per day. East Farm to Market Road 365 provides convenient access to U.S. 287, a major north-south interstate highway connecting Texas and Montana (35,400 AADT). The property is strategically located next to Central Mall, a 700,000+ SF mall featuring 73 stores and notable tenants such as Target, Bed Bath & Beyond, JCPenney, T.J. Maxx, and more. Additionally, the property is surrounded by large employers, including Sunoco Oil/Phillips 66 (3,622 employees), Valero Refining Group (825 employees), BASF Corporation (460 employees), and Total Petrochemicals & Refining (450 employees). The site is also within two miles of 15 hotels, including TownePlace Suites by Marriott Beaumont-Port Arthur (96 rooms) and Holiday Inn Express & Suites Port Arthur (92 rooms).

The property is supported by a strong customer base with robust demographics. The average household income within three miles of the property is $82,378, with a projected 14 percent increase in the next five years. Additionally, the property is in a high-growth area, with a population of 41,838 within three miles and 84,414 within five miles of the property. The site is within two miles of seven apartment complexes and three miles from Jack Brooks Regional Airport, which experiences 30,000+ annual passengers and serves an expanding regional population base in excess of 500,000.