On 1700 Jefferson Drive is a former Market Basket supermarket. The building is a 49,330 square foot building on 3.95 acres of land. The property is located at two of Port Arthur’s most trafficked thoroughfares and intersections along one of the most active retail corridors. Sale price is $2,400,000. (Ref: https://www.loopnet.com/Listing/15713591/JEFFERSON-DR-AND-HWY-87-GULFWAY-DR-Port-Arthur-TX/)
The property value is low due to extremely low rent being paid by current tenant for a seasonal location in a functional and performing building/location. Value property is low and is priced below the cost of replacement. (Ref: http://www.showcase.com/property/1700-Jefferson-Drive/Port-Arthur/Texas/846650)
The address is 1700 Jefferson Drive, Port Arthur, Texas, US 77642-1706.
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