8333 9th Ave - Medical FOR SALE


Port Arthur, TX 77642- Port Arthur/Groves
$6,000,000 USD
909-500-4186
8333 9th Ave, Port Arthur, TX for Sale
$6,000,000 USD
Medical - FOR SALE
1/26
null | 9.8% Cap Rate

8333 9th Ave
Port Arthur, TX 77642
Port Arthur/Groves


HIGHLIGHTS

  • Health care/Medical offices also available for lease, built out and move-in ready.
  • Convenient location right off of Texas State Highway 96.
  • Limited competition in area for health care facilities.
  • 13 miles from Baptist Hospitals of Southeast Texas in Beaumont.

OVERVIEW

Great investment opportunity: NNN leases, fee simple ownership, and 9.8% proforma cap rate within the tax-free state of Texas! Port Arthur features a population of 89,000 and strong demographics within a five-mile radius of the property. Property is in excellent condition and is conveniently located off of Texas State Highway 96. There is limited competition in the area for health care facilities. The sale includes 2.5 AC of vacant land for building expansion opportunity and is located 13 miles from Baptist Hospitals of Southeast Texas in Beaumont, TX.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

9.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9th Avenue Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,085 SF

ZONING

-

APN/PARCEL ID

049400-000-041579-00100

ASK ABOUT THIS PROPERTY

Bruce LeeNewstar Realty & InvestmentsMore Info
909-500-4186

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Bruce LeeNewstar Realty & InvestmentsMore Info
909-500-4186

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.