Ben Meshel & Jeff Meshel Acquire Medical Office In Beaumont For $4.35M From Seller Kenneth Carter
SOLD
$4,350,000
Texas
See Similar DealsHospital15,130 SF
Sold 07/28/2025
SOLD
Ben Meshel & Jeff Meshel Acquire Medical Office In Beaumont For $4.35M From Seller Kenneth Carter
1020 North 14th Street
See Similar DealsHospital15,130 SF
Sold 07/28/2025
Summary
TEXAS
Asset Type:Hospital
Price Per Square Foot:$287
Total Square Footage:15,130 SF
Transaction Type:Sale
The property involved in this transaction is a medical office located at 1020 North 14th Street in Beaumont. The asset encompasses a total area of 15,130 square feet and was sold for $4,350,000, resulting in a price per square foot of $287.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $4,350,000
- Address: 1020 North 14th Street
- Market: Beaumont
- Square Footage: 15,130
- Price Per Square Foot: $287
- Buyer: Ben Meshel & Jeff Meshel
- Seller: Kenneth Carter
- Seller's Representative: Jonathan Peranich - Peranich Huffman Net Lease Group
The transaction was orchestrated with Ben Meshel and Jeff Meshel as the buyers, securing the medical office from seller Kenneth Carter. Jonathan Peranich represented the seller in this transaction through Peranich Huffman Net Lease Group.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$232,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63
Is there something missing? Send suggestions