National Tenant – The property is partially leased to DXP Enterprises (NASDAQ: DXPE), a well-established industrial distribution company with over 170 locations across North America. DXP has been in occupancy since 2011 and recently extended through December 31, 2026, providing investors with stable cash flow backed by a strong credit tenant. The lease includes 1% annual rent increases and is structured on a true NNN basis, with the tenant reimbursing property taxes, insurance, and CAM.
Functional Industrial Facility – The ±21,540 SF building features metal and masonry construction, 14’–20’ clear heights, and both dock-high (2) and grade-level doors (2). The property benefits from C-M (Commercial Manufacturing) zoning, which allows for a broad range of industrial, storage, and light manufacturing uses, enhancing both the tenant pool and long-term adaptability of the asset.
Low Site Coverage with Expansion Potential – Situated on ±3.65 acres, the property maintains a low 13.55% coverage ratio, giving tenants valuable flexibility for equipment storage, trailer parking, and lay down operations. The additional land also creates opportunities for future improvements, redevelopment, or demising strategies, ensuring the site remains adaptable to a wide range of industrial users.
Strategic Location within the Houston MSA – Located in Beaumont, TX, the site benefits from proximity to I-10 and the Port of Beaumont, a key Gulf Coast shipping hub. The region is anchored by the energy, petrochemical, and logistics industries, supporting sustained tenant demand. With frontage along Highway 347, the property also provides strong visibility and immediate truck accessibility.