Nick Jaser Acquires Retail Property From Pat Fazio In Port Arthur For $28 Million
SOLD
Texas
See Similar DealsRetail28,000 SF
Sold 02/26/2025
SOLD
Nick Jaser Acquires Retail Property From Pat Fazio In Port Arthur For $28 Million
4997 Twin City Highway
See Similar DealsRetail28,000 SF
Sold 02/26/2025
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:28,000 SF
Transaction Type:Sale
The retail property located at 4997 Twin City Highway in Port Arthur has been sold. The asset encompasses a total square footage of 28,000. The transaction occurred on February 26, 2025.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 4997 Twin City Highway
- Market: Port Arthur
- Asset Size: 28,000 SF
- Buyer: Nick Jaser
- Seller: Pat Fazio
- Broker: John Baddour - HighStreet Net Lease Group
This transaction involved Nick Jaser as the buyer and Pat Fazio as the seller, both of whom played significant roles in finalizing the deal. John Baddour from HighStreet Net Lease Group represented the interests of the parties in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions
