3250 Central Mall Dr - Office FOR SALE


Port Arthur, TX 77642- Port Arthur/Groves
$267,000 USD
409-782-1925
3250 Central Mall Dr, Port Arthur, TX for Sale
$267,000 USD
Office - FOR SALE
1/21
null | 8% Cap Rate

3250 Central Mall Dr
Port Arthur, TX 77642
Port Arthur/Groves


HIGHLIGHTS

  • SOLID COMMERCIAL INVESTMENT OPPORTUNITY!
  • PROPERTY RECENTLY LEASED ON FIVE-YEAR LEASE TERM TO A NATIONAL TENANT
  • PROPERTY IS PART OF THE HIGHLY DESIRABLE VENETIAN SQUARE CENTER - MID JEFFERSON COUNTY, TX
  • NOI CURRENTLY RUNNING $21,363.51; ~8.0 CAP RATE
  • FINANCIALS UPON REQUEST

OVERVIEW

INVESTORS!!! DO NOT MISS THIS ONE!!! THIS IS A COMMERCIAL RETAIL/OFFICE LOCATION THAT WAS RECENTLY LEASED OUT ON A 5 YEAR TERM TO A NATIONAL TENANT....FINANCIALS UPON REQUEST....NOI CURRENTLY RUNNING $21,363.51!! Property is conveniently located in a thriving & growing commercial area in the Mid Jefferson County, TX; property is part of the Venetian Square Center located on Central Mall Dr. just behind the regional retail mall / center (Central Mall) that services the Nederland, Port Neches, Groves & Port Arthur areas & is just a block or two off of the heavily-travelled State Hwy 96/287; built in ~2007

FOR SALE DETAILS

PRICE

$267,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

PD-2

APN/PARCEL ID

066175-000-000300-00000

ASK ABOUT THIS PROPERTY

Kerry MonclaRE/MAX ONEMore Info
409-782-1925

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Kerry MonclaRE/MAX ONEMore Info
409-782-1925

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