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3250 Central Mall Dr 1,558 SF Office Building Port Arthur, TX 77642 $267,000 ($171.37/SF) 8% Cap Rate
Investment Highlights
- SOLID COMMERCIAL INVESTMENT OPPORTUNITY!
- PROPERTY IS PART OF THE HIGHLY DESIRABLE VENETIAN SQUARE CENTER - MID JEFFERSON COUNTY, TX
- FINANCIALS UPON REQUEST
- PROPERTY RECENTLY LEASED ON FIVE-YEAR LEASE TERM TO A NATIONAL TENANT
- NOI CURRENTLY RUNNING $21,363.51; ~8.0 CAP RATE
Executive Summary
INVESTORS!!! DO NOT MISS THIS ONE!!! THIS IS A COMMERCIAL RETAIL/OFFICE LOCATION THAT WAS RECENTLY LEASED OUT ON A 5 YEAR TERM TO A NATIONAL TENANT....FINANCIALS UPON REQUEST....NOI CURRENTLY RUNNING $21,363.51!! Property is conveniently located in a thriving & growing commercial area in the Mid Jefferson County, TX; property is part of the Venetian Square Center located on Central Mall Dr. just behind the regional retail mall / center (Central Mall) that services the Nederland, Port Neches, Groves & Port Arthur areas & is just a block or two off of the heavily-travelled State Hwy 96/287; built in ~2007
Property Facts
Sale Type
Investment
Property Type
Building Size
1,558 SF
Building Class
C
Year Built
2005
Price
$267,000
Price Per SF
$171.37
Cap Rate
8%
NOI
$21,364
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
779 SF
Building FAR
1.19
Lot Size
0.03 AC
Zoning
PD-2 - PLANNED DEVELOPMENT - 2 (PLEASE VERIFY WITH THE CITY OF PORT ARTHUR).
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Reception
- Storage Space
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- CORY BROTHERS (USA) INC.
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| CORY BROTHERS (USA) INC. | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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3250 Central Mall Dr
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