1025 MONTROSE ST Beaumont TX 77707-3118

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1025 Montrose Street in Beaumont, Texas. The subject property consists of approximately 20,850 square feet of shallow-bay warehouse space and is situated on 1.13 acres of land. The three-building asset features six suites, each with a drive-in door, two-phase power, and metal construction. Located along U.S. Route 90/College Street, the property has proximity to downtown Beaumont and easy access to Houston and Port Arthur. With 77 percent occupancy on month-to-month terms on modified gross leases at a below-market average of $4.80 per square foot, this sale offers investors a significant value-add opportunity.

• Three-Building 20,850-Square-Foot Shallow-Bay Industrial Asset Situated on 1.13 Acres

• Featuring Six Suites, 19 Drive-in Doors, Two-Phase Power, and Metal Construction

• Located Along U.S. 90 with Proximity to Downtown Beaumont and Easy Access to Houston

• 77% Occupancy at Below-Market Rents on Monthly Leases Creates Significant Value-Add Opportunity

• Fundamentally Strong Submarket with 4.3% Vacancy Among Comparables | Low Supply