8685 Memorial Blvd | Port Arthur, TX 77640
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- LoopNet Team
8685 Memorial Blvd
Port Arthur, TX 77640
IHOP Restaurant (Corporate Guaranteed Lease) · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed Lease
- Tenant recently Renewed it's second 5-year Renewal Option demonstrating commitment to this Location
- Located in a No Income Tax State
- Absolute NNN Lease - No Landlord Responsibilities
- Out-Parcel to a Walmart Supercenter in Strong Retail Center that also includes a Lowe's Home Improvement and a Hobby Lobby
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,995 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.05 AC
Zoning
F1 - Planned Development
Parking
79 Spaces (15.82 Spaces per 1,000 SF Leased)
Frontage
153’ on Memorial Blvd
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Number | 049400-000-048851-00900 | Improvements Assessment | $1,707,395 |
| Land Assessment | $504,009 | Total Assessment | $2,211,404 |
Property Taxes
Parcel Number
049400-000-048851-00900
Land Assessment
$504,009
Improvements Assessment
$1,707,395
Total Assessment
$2,211,404
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