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8333 9th Ave
Port Arthur, TX 77642
9th Avenue Medical Plaza · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% Occupied By 6 Strong Medical Tenants
  • Adjacent To Central Mall Featuring Top National Retailers That Include: Walmart, McDonald’s, Starbucks, Target
  • High Cap Rate With Strong Cash Flow From 100% Occupied Building
  • This Property Has a Value-Add Component Featuring 1.95 Acres of Undeveloped Land
  • Nearly 50% of the GLA Leased to Baptist Hospital Cancer Center The Baptist Hospital Cancer Center Recently Exercised Their 3
  • Depending on Offer Price and Terms, Tenants With an Ownership Interest Are Open to Negotiating Early Extensions to Their Leases

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
25,077 SF
Building Class
B
Year Built
2006
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,077 SF
Building FAR
0.14
Lot Size
4.23 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
049400-000-041579-00100
Land Assessment
$677,265
Improvements Assessment
$5,093,668
Total Assessment
$5,770,933
  • Listing ID: 19694841

  • Date on Market: 5/27/2020

  • Last Updated:

  • Address: 8333 9th Ave, Port Arthur, TX 77642

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