1615 New Boston Rd - Freestanding FOR SALE


Texarkana, TX 75501
$470,000 USD
512-484-3002
1615 New Boston Rd, Texarkana, TX for Sale
$470,000 USD
Freestanding - FOR SALE
1/5
null | 8.68% Cap Rate

1615 New Boston Rd
Texarkana, TX 75501


HIGHLIGHTS

  • 8 cap in place
  • Tenant in place for 20 years
  • Prominent location ensures a consistent stream of potential customers

OVERVIEW

The commercial space is leased by Texas Car Title and Payday Loan Services, a reputable and established tenant that has been at this location since 2007. Benefit from a secure and steady rental income from the outset, as they have 2 years left on their lease with an additional extension available. Impressive commercial business positioned with prime road frontage, offering remarkable visibility and a substantial influx of traffic. This site serves as an optimal setting for Texas Car Title. Strategically placed in the heart of the Texarkana, the building's prominent location ensures a consistent stream of potential customers, providing unparalleled exposure in a thriving area. Appraisal available. Valued at $580k on Dec 2023 Appraisal. Seller will owner finance!

FOR SALE DETAILS

PRICE

$470,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

8.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Car Title and Payday

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

COM

APN/PARCEL ID

07820000100

ASK ABOUT THIS PROPERTY

Andy KutachExpansion Realty Partners, LLC.More Info
512-484-3002

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Andy KutachExpansion Realty Partners, LLC.More Info
512-484-3002

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