8460 Central Mall DrPort Arthur, TX 77642

Property Details for 8460 Central Mall Dr

Year built

2012

Lot size

1.17 AC

Property size (Sq ft)

15,314 SF

Property type

Retail properties

Property subtype

Community centers

APN

049400-000-041580-00100

APU

4940000004158000100

Description

This exceptional 900-square-foot executive office suite, located at 8460 Central Mall Drive, Suite J, Port Arthur, Texas 77642, presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located space. Situated within the bustling Canyon Square Shopping Center, this Class B, single-tenant office boasts high visibility and traffic counts due to its prime location on Central Mall Drive. The suite itself is immediately available and features four private offices, providing ample space for individual work or team collaboration. A welcoming reception area creates a professional first impression, while a large open workspace offers flexibility for various business needs. A single restroom is conveniently located within the suite. For added convenience, the suite includes a rear exit. The property benefits from a prominent monument sign on Central Mall Drive, enhancing visibility and brand recognition. The strong tenant mix within the shopping center includes established businesses such as Stewart Title, Hamilton's restaurant & Bar, Nails Spa & Beyond, H&P Engineering, and Republic State Mortgage, creating a vibrant and thriving business environment. This is a truly move-in ready space, perfect for a business seeking immediate occupancy in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,188,380

  6.5%

  $5,712,351

  7%

  $5,304,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,289,110

  Geo Method

  $11,553,843

• Alternative Use

  Use

  Valuation

  Residential

  $4,818,582

  Hospitality

  $4,413,795

  Educational

  $3,672,226

  Medical

  $3,798,519

  Retail

  $5,712,351

Location Insight

City

Port Arthur

County

Jefferson

State

Texas

Latitude

29.9491

Longitude

-93.9847

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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