MOB hits the Port Arthur marketMOB hits the Port Arthur markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=92202012-10-24T09:54:00Z2012-10-24T00:00:00Z

PORT ARTHUR - The 117,988-sf Regional Professional Building — a five-story, on-campus medical office building — has been listed for sale for $20.3 million.

The Class A facility, located at 2501 Jimmy Johnson Blvd., is 96 percent leased. The property, developed in 2006, requires a 24 percent down payment, and will provide investors with a 9.35 percent cash-on-cash return.

Source: Marcus & Millichap Real Estate Investment Services

Marcus & Millichap Real Estate Investment Services
Beaumont-Port Arthur
http://www.marcusmillichap.com/aboutus/viewnews.aspRead more at {Source}

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