2400 Richmond Rd - Storefront FOR SALE


Texarkana, TX 75503
$17,000,000 USD
305-308-5870
2400 Richmond Rd, Texarkana, TX for Sale
$17,000,000 USD
Storefront - FOR SALE
1/7
null | 10.76% Cap Rate

2400 Richmond Rd
Texarkana, TX 75503


HIGHLIGHTS

  • 45 Acre Retail Asset with Upside | $1,831,000 NOI as of now, 2026 NOI $2,080,000
  • 70% Occupied | 461,000 SF GLA | 3,424 Parking Spaces
  • strong regional trade area at the TX-AR border with limited competition in a 50+ mile radius.

OVERVIEW

NOI $1,831,000 in place, value add in vacancy and land Texas Mall – 45 Acre Retail Asset with Upside | $1.8M+ NOI | $17M Ask 70% Occupied | 461,000 SF GLA | 3,424 Parking Spaces Key Highlights: Gross Leasable Area: 461,000 SF Parking: 3,424 spaces Land: Approx. 45 Acres Occupancy: ~70% Current NOI: $1.8M/year current Projected NOI (MAR 2026): $2,080,000M/year Texas Broker of Record Solutions, Inc. Firm License: #9014506 Alex Everest Broker License: #818858

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

10.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Central Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Auto Dealership, Freestanding, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

3424

LAND DETAILS

LAND ACRES

45.05 AC

LAND SF

1,962,378 SF

ZONING

Commercial

APN/PARCEL ID

11100000900

ASK ABOUT THIS PROPERTY

Ilona AntonovaRoyal Empire Realty, LLC.More Info
305-308-5870

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Ilona AntonovaRoyal Empire Realty, LLC.More Info
305-308-5870

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