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3250 Central Mall Dr
Port Arthur, TX 77642
Office Property For Sale
Investment Highlights
- SOLID COMMERCIAL INVESTMENT OPPORTUNITY!
- PROPERTY IS PART OF THE HIGHLY DESIRABLE VENETIAN SQUARE CENTER - MID JEFFERSON COUNTY, TX
- FINANCIALS UPON REQUEST
- PROPERTY RECENTLY LEASED ON FIVE-YEAR LEASE TERM TO A NATIONAL TENANT
- NOI CURRENTLY RUNNING $21,363.51; ~8.0 CAP RATE
Executive Summary
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
Property Facts
Sale Type
Investment
Property Type
Building Size
26,916 SF
Building Class
C
Year Built
2005
Price
$362,987 CAD
Price Per SF
$13.49 CAD
Cap Rate
8%
NOI
$29,044 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
779 SF
Building FAR
1.88
Lot Size
0.33 AC
Zoning
PD-2 - PLANNED DEVELOPMENT - 2 (PLEASE VERIFY WITH THE CITY OF PORT ARTHUR).
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Reception
- Storage Space
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,212,967 CAD | |
| Land Assessment | $243,955 CAD | Total Assessment | $2,456,922 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$243,955 CAD
Improvements Assessment
$2,212,967 CAD
Total Assessment
$2,456,922 CAD
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