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Multi Tenant Investment 9th Avenue Medical Plaza Texas

9th Avenue Medical Plaza | Port Arthur, TX
Investment Offering

Tenant: 9th Avenue Medical Plaza | Port Arthur, TX
Premises: 25,075 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type:
Rental Increases: Varies


Sands Investment Group is pleased to present this multi tenant investment opportunity, 9th Avenue Medical Plaza, located in Port Arthur, Texas.

  • 100% Occupied By 6 Strong Medical Tenants
  • Nearly 50% of the GLA Leased to Baptist Hospital Cancer Center
  • Property Features Extremely Expensive Build Out Including Linear Accelerator & Vault
  • Long Standing Occupancy with Most Tenants Having Been There Since 2006
  • Regular Scheduled Rent Increases Secure Hedge Against Inflation as Well as Steady NOI Growth
  • 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 ½ of the Parcel Undeveloped Providing Future Upside For an Investor by Building a Second Building
  • Future Job Growth Over the Next 10 Years is Estimated at Approximately 30.79%
  • Texas is One of the Few Income Tax-Free States in the Country
  • Strong Traffic Counts – Over 26,000 Cars Per Day
  • Ideally Located Within 1 Block From the Future Christus Healthcare Hospital Facility
  • Trade Area Covers More than 80,000 People in the Immediate Area Growing to Over 140,000 Within the Surrounding Area
  • Average Household Incomes Average Above $80,000 in Immediate Area
  • Adjacent To Central Mall Featuring Top National Retailers that Include: Walmart, McDonald’s, Starbucks, Target and Conoco

In Cooperation with Sands Investment Group Austin, LLC BoR: Max Freedman Lic. #9004706

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

Area Overview

9th Avenue Medical Plaza | Port Arthur, TX

8333 9th Avenue - Port Arthur, TX 77642

$7,145,038

Cap Rate: 6.65%
Status: Available

9th Avenue Medical Plaza | Port Arthur, TX

Daniel Hoogesteger

310.853.1419
dan@SIGnnn.com

Andy Chana

310.853.1316
andy@SIGnnn.com

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