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Office Medical

Plaza 10 Medical Center

3345 Plaza 10 Blvd., Beaumont, TX 77707

Listing Price: $7,450,000

Cap Rate
6.85%
Gross SF
36,039
Rentable SF
36,039
Price/Gross SF
$206.72
Occupancy
100.0%
Year Built
1988
Lot Size
3.71 acres

Investment Overview

Marcus & Millichap is pleased to present the Plaza 10 Medical Center located in Beaumont, Texas. The subject property is a 36,039-square-foot, multi-tenant medical office facility that is 100 percent occupied. This healthcare facility is ideally located along highway I-10 frontage road in the Plaza 10 medical campus. The campus includes patient care providers U.S. Department of Veterans Affairs, Post-Acute Medical (PAM) Health Rehabilitation Hospital of Beaumont, Riceland Healthcare System, and Best Care Pediatrics Beaumont. The campus is within one (1) mile of Christus Health’s St. Elizabeth General Hospital. The five-mile population surrounding the campus is 107,044 residents. Average household income within a two-mile radius of the property is $82,589. The tenants of Plaza 10 Medical Center have been practicing at this location between 10-30 years. Leases are triple net (NNN) and include reimbursement for management expense.

Investment Highlights

  • 36,093 Square-Foot 100% Occupied Multi-Tenant Medical Office Building
  • Long Term Tenants on Triple Net Leases
  • Additional Upside with Below Market Rents
  • No Deferred Maintenance
  • 40 Year Roof Installed in 2005
  • Located One Mile from St Elizabeth General Hospital
  • 133,000 VPD along I-10 Feeder Road

Exclusively Listed By

Financing By

Office Medical

Plaza 10 Medical Center

Listing Price: $7,450,000

Cap Rate
6.85%
Gross SF
36,039
Rentable SF
36,039
Price/Gross SF
$206.72
Occupancy
100.0%
Year Built
1988
Lot Size
3.71 acres

Investment Highlights

  • 36,093 Square-Foot 100% Occupied Multi-Tenant Medical Office Building
  • Long Term Tenants on Triple Net Leases
  • Additional Upside with Below Market Rents
  • No Deferred Maintenance
  • 40 Year Roof Installed in 2005
  • Located One Mile from St Elizabeth General Hospital
  • 133,000 VPD along I-10 Feeder Road

Investment Overview

Marcus & Millichap is pleased to present the Plaza 10 Medical Center located in Beaumont, Texas. The subject property is a 36,039-square-foot, multi-tenant medical office facility that is 100 percent occupied. This healthcare facility is ideally located along highway I-10 frontage road in the Plaza 10 medical campus. The campus includes patient care providers U.S. Department of Veterans Affairs, Post-Acute Medical (PAM) Health Rehabilitation Hospital of Beaumont, Riceland Healthcare System, and Best Care Pediatrics Beaumont. The campus is within one (1) mile of Christus Health’s St. Elizabeth General Hospital. The five-mile population surrounding the campus is 107,044 residents. Average household income within a two-mile radius of the property is $82,589. The tenants of Plaza 10 Medical Center have been practicing at this location between 10-30 years. Leases are triple net (NNN) and include reimbursement for management expense.

Exclusively Listed By

Financing By

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