1602 Walton dr - Commercial LAND FOR SALE


Texarkana, TX 75501 79,715 SF
$3,782,000 USD
760-930-7931
1602 Walton dr, Texarkana, TX for Sale
$3,782,000 USD
Commercial LAND - FOR SALE
1/4
79,715 SF

1602 Walton dr
Texarkana, TX 75501


OVERVIEW

- 10-Year Ground Lease with Zero Landlord Responsibilities - 10% rent increases every 5 years and in four renewal options - Corporate Lease with Cheddar’s (a Darden Subsidiary rated ‘BBB’ by S&P)- $796 million in sales for fiscal 2026 across 184 locations -$4,300,000 Average Unit Volume (AUV) in Fiscal 2026 - 4.83% implied rent to sales ratio for subject property

FOR SALE DETAILS

PRICE

$3,782,000 USD

PRICE/ACRE

$2,066,667/AC

PRICE/SF

$47 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Cheddar's Scratch Kitchen

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Restaurant

LAND ACRES

1.83 AC

LAND SF

79,715 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

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Thomas LadtColliersMore Info
760-930-7931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.