Multi Tenant Investment 9th Avenue Medical Plaza Texas

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

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