2324 N State Line Ave - Service Station FOR SALE
Texarkana, AR 71854 |
$1,406,897 USD
843-931-9537
2324 N State Line Ave
Texarkana, AR 71854
HIGHLIGHTS
- Corporate Guaranteed Absolute Triple Net (NNN) Investment: Approximately 19 Years Remaining on the Lease
- Recently Renovated: Features New Gas Pumps, Canopy, and Signage Upgraded to Reflect the Modern Phillips 66 Branding
- Prime Location in the Heart of Texarkana: Strategically Positioned For Optimal Accessibility and Convenience
- High-Traffic Area: Located Off State Line Avenue, Which Sees Approximately 22,000 Vehicles Daily, Enhancing Visibility and Customer Access
- Surrounded By National Tenants: Includes Walmart, Sonic, Starbucks, Pizza Hut, and Many More, Driving Significant Foot Traffic to the Area
- Proximity to Key Amenities: Located Within a Mile of Numerous Hospitality Options, ChristUS Health Facilities, and Texarkana Regional Airport
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,524 SF P66 Gas Station Located at 2324 North State Line in Texarkana, AR. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 19 Years Remaining on the Lease, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. #PB00085157 BoR: Andrew Ackerman - Lic. AR #PB00085157
FOR SALE DETAILS
PRICE
$1,406,897 USD
PRICE/SF
$549 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
P66 Net Lease Gas Station - Texarkana, AR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,246 SF
ZONING
-
APN/PARCEL ID
1790090
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