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
About this deal
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