Central Mall Shoppes Port Arthur, TX

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Central Mall Shoppes

Address

8450 & 8460 Memorial Blvd
Port Arthur, TX 77640

Investment Highlights

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

Location

Team

Brokerage Team

Chace Henke

Chace Henke

Principal, Capital Markets
713.900.3009 chace@edge-cm.com
Micha van Marcke, CCIM

Micha van Marcke, CCIM

Managing Principal, Edge Houston
713.900.3011 micha@edge-cm.com

Phone
713.900.3011
Address

515 Post Oak Blvd, Suite 175, Houston, TX 77027