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7750 9th Ave
Port Arthur, TX 77642
2019 Brick Construction | 7.20% Cap Rate · Retail Property For Sale
PROPERTY FACTS
ABOUT 7750 9TH AVE , PORT ARTHUR, TX 77642
Josh Bishop and Matthew REIS are pleased to exclusively offer for sale the brand new 2019 construction Family Dollar site located in Port Arthur, TX. The property is a "premium" all brick construction site and is scheduled to open in February 2019. This investment offers a very attractive 7% return on a stable investment, which is backed by a strong, investment grade credit CORPORATE guarantee (S&P rated BBB-). Port Arthur is located just 15-miles south of Beaumont and the 5-mile population exceeds 94,900 residents, with an estimated population growth of 7.25% over the next 5-years. Local retail tenants include Chick-Fil-A, Target, TJ Maxx, Lowe's, Starbucks, Raising Canes, McDonald's, Academy Sports, Ross, Best Buy, Hobby Lobby, Petco, and many more.
PROPERTY TAXES
| Parcel Number | 062250-000-013905-00000 | Improvements Assessment | $878,669 |
| Land Assessment | $192,694 | Total Assessment | $1,071,363 |
PROPERTY TAXES
