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Beaumont, TX

State of Texas (Texas Commission-Environmental)

Address:
3870 Eastex Freeway, Beaumont, TX 77703
Property Type:
Single Tenant
Price:
$2,900,000
Cap Rate:
8.18% cap
NOI:
$237,234
Square Feet:
18,859 sqft
Lot Size:
2.00 Acres
Price Per Square Foot:
$153.77
Year Built:
1983
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* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

  • Single-Tenant 18,859-Square-Foot Flex Asset Situated on 2.0 Acres
  • Featuring 105 Parking Spaces and Premier Visibility with Frontage on Eastex Freeway
  • State Government Tenant Since 1991, Offering Stability, Strong Credit, and High-Probability of Lease Renewal
  • Leased Through August 2029 with CPI-Tied Escalations, Creating Inflation-Hedge Opportunity

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3870 Eastex Freeway in Beaumont, Texas, leased to the Texas Commission on Environmental Quality (TCEQ). The subject property consists of approximately 18,859 square feet of flex space and is situated on 2.0 acres of land. The single-tenant asset features pitched-metal roofing, 105 parking spaces, and a building coverage ratio of 22 percent. Conveniently located along U.S. Highway 96, the property has premier visibility with frontage on Eastex Freeway. As the primary environmental agency for the state of Texas, TCEQ has occupied the subject property since 1991, increasing the likelihood of lease renewal. TCEQ is currently signed to a gross lease through August 2029 at $17.92 per square foot. With annual escalations tied to the Consumer Price Index, this sale offers commercial real estate investors a rare hedge against inflation with a tenant that provides strong stability and credit.

Beaumont is located in Jefferson County along the Neches River and serves as the county seat. The city is part of the Beaumont-Port Arthur metropolitan statistical area and located 85 miles east of Houston. Beaumont’s economy is heavily dependent upon oil refining and is home to the nation’s third-largest oil refinery, owned and operated by ExxonMobil Corporation. The oil industry in Beaumont is supported by the deep-water Port of Beaumont, which ranks as the fourth busiest port in the United States according to the American Association of Port Authorities. The port is also the busiest military port in the world for processing United States military equipment. Beaumont is home to Lamar University, a public university that is part of the Texas State University System. The university has an estimated enrollment of 17,000 students.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services of Nevada, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0160270)