Mall Dr - Fast Food FOR SALE


Texarkana, TX 75503
$3,300,000 USD
415-852-5177
Mall Dr, Texarkana, TX for Sale
$3,300,000 USD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

Mall Dr
Texarkana, TX 75503


HIGHLIGHTS

  • 20-year absolute NNN sale-leaseback, plus four (4) five-year options
  • No landlord management, ideal for an out-of-area investor
  • 8% rental increases every five (5) years, providing a stable long-term income generator
  • The Saxton Group has been ranked #84 on Franchise Times Restaurant 200 list of franchisees
  • Located next to new Texas Roadhouse relocation store and Bubba’s 33 restaurant
  • The Texas Roadhouse store adjacent to the subject property is the #2 store in Texas and #6 store nationwide

OVERVIEW

Jaggers is located along Interstate 30 Frontage Road in central Texarkana on the Texas side of the city. Interstate 30 Frontage Road is one of the major traffic arteries within Texarkana, exceeding 74,250 vehicles per day, while also connecting the subject property to multiple nearby major national retailers such as Sam’s Club, Target, The Home Depot, Lowe’s Home Improvement, Academy Sports, Hobby Lobby, Walmart, and many others. Jaggers resides within a newly constructed restaurant development which services the nearly 72,000 people who live within five miles of the restaurant. This site also enjoys being positioned in a relatively affluent area with an average household income exceeding $75,000 within a one-mile radius. Additionally, the site is near high-density single-family housing and large apartment complexes, a strong traffic driver for the property. The subject property is situated in the center of Texarkana, conveniently located near multiple major community centers including Texas A&M University – Texarkana (2,112 students), Texarkana College (3,575 students), Texas High School (1,726 students), Christus St. Michael Hospital (275 beds; 1,902 employees), and many other significant traffic drivers

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$943 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jaggers Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

25415

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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