Irfan Tejani Acquires Retail Gas Station And Shopping Center In Beaumont From Amin Ali
Building Size
13,000 SF
Asset Type
Retail
Closing
Mar 29, 2026
AI
The transaction involves a retail asset with a total square footage of 13,000 located in Beaumont. This property includes a high-volume, branded Gas Station and Shopping Center, acquired by the buyer from the seller. The specific address and transaction amount are not disclosed in the context.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Buyer: Irfan Tejani
- Seller: Amin Ali
- Seller's Representative: Imtiaz Ali - Alison Commercial Group
- Date of Transaction: 03/30/2026
Under the leadership of CEO Irfan Tejani, the Tejani Group continues to grow and expand its proprietary brand Charge Up nationwide, indicating a strategic direction for the company's operations following this acquisition.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93