8450 & 8460 Memorial Blvd
Port Arthur, TX 77640
Brand-new construction featuring national credit tenants on secure leases with built-in rental escalations and offering immediate upside through lease-up of the remaining vacancy
Shadow anchored by Target and Central Mall, a dominant retail destination for the Beaumont/Port Arthur/Orange MSA, with over 3.2M annual visitors providing significant cross traffic
The Property boasts an impressive 12.0/1000 sf parking ratio, providing ample daily customer and employee parking as well as allowing for long term flexibility of the site
Positioned along U.S. Hwy 69/96/287 (Memorial Blvd), the dominant retail corridor, and easily accessible from FM 365, with exposure to a combined 105,000 cars per day
Port Arthur is home to a top-ranked port as well as LNG terminals, petrochemical plants and the nation's largest refinery, underpinning a strong employment hub and daytime population of 89,000 people within a five-mile radius
Due to the high demand for daily workforce staffing, the Property is immediately surround by over 2,200 multifamily units within a one-mile radius, as well 1,590 current and future hotel rooms
515 Post Oak Blvd, Suite 175, Houston, TX 77027