3800 Highway 365 | Port Arthur, TX 77642
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- LoopNet Team
3800 Highway 365
Port Arthur, TX 77642
Malik Office Park · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Day One CAP Rate of 9.18 Percent | Pro Forma CAP Rate of 9.88 Percent or Greater
- Over $350,000 of Capital Improvements Invested Within the Last Twelve Months
- Surrounded by Dense Residential Population: 43,027 Population With Average Household Income of $93,502 Within Three Miles
- Priced Below Replacement Cost: $125 Per Square Foot to Building
- Building Has Two Access Points on Highway 365 and 9th Avenue (42,205 Vehicles Per Day)
- Located Less Than One Mile Between Park Central Crossing Regional Shopping Destination and H-E-B
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
24,691 SF
Building Class
B
Year Built
1968
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,691 SF
Building FAR
0.26
Lot Size
2.17 AC
Zoning
F1 - City of Port Arthur
Parking
1 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Day Care
- Fitness Center
- Property Manager on Site
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 049401-000-001500-00000 | Improvements Assessment | $3,100,737 |
| Land Assessment | $511,238 | Total Assessment | $3,611,975 |
PROPERTY TAXES
Parcel Number
049401-000-001500-00000
Land Assessment
$511,238
Improvements Assessment
$3,100,737
Total Assessment
$3,611,975
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