9th Avenue Medical Plaza | Value-Add MOB, Expansion Land

Highlights:

• Baptist Hospital Cancer Center Anchor Lease: 12,359 SF gross lease extended through 3/31/28, with one remaining 3-year renewal option at FMV.
• 12,719 SF of Vacant Suites Ready to Lease: Five suites from 1,932 to 3,035 SF are vacant, with pro forma lease-up rents of $22/SF NNN.
• On-Site Vacancy Well Above 8.9% Submarket: The 51% vacancy compares to an 8.9% submarket rate, framing the lease-up gap for a new owner.
• Medical Corridor Near 204-Bed Hospital: Neighbors include The Medical Center of Southeast Texas, CHRISTUS St. Mary Outpatient and others.
• 1.95 Acres of Undeveloped Land Included: Excess land within the site supports future medical expansion or ground-up development by a buyer.
• Beaumont Metro Base of 412,000 Residents: Demand is anchored by refining, the Port of Beaumont, Lamar University and major hospital systems.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3535/office/port-arthur/tx?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=december2_2026&utm_content=office_3535

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 8333 9th Ave is 9th Avenue Medical Plaza, a 25,077 SF multi-tenant medical office building on 4.23 acres in Port Arthur, Texas. Built in 2006, the plaza is 49% leased to Baptist Hospital Cancer Center, which recently extended its 12,359 SF gross lease through March 2028 with one remaining three-year renewal option at fair market value. The value-add thesis centers on 12,719 SF of vacancy across five suites ranging from 1,932 to 3,035 SF, with pro forma lease-up rents of $22/SF NNN. The offering includes 1.95 acres of undeveloped land for future expansion or ground-up development. The property sits on a medical corridor alongside The Medical Center of Southeast Texas, CHRISTUS St. Mary Outpatient Center, CenterWell Senior Primary Care, Prime Occupational Medicine and Exceptional Emergency Center, in a submarket with an 8.9% vacancy rate.

Location
9th Avenue Medical Plaza sits at 8333 9th Ave in Port Arthur, within the Beaumont metro’s Golden Triangle and inside a three-mile radius of Jack Brooks Regional Airport. The site anchors a medical corridor with The Medical Center of Southeast Texas and CHRISTUS St. Mary Outpatient Center, near Central Mall retail, with 95,017 residents within five miles.


Bidding Opens
Dec 01 1:00 AM
Bidding Closes
Dec 03 1:00 AM

Documents: