1615 New Boston Rd - Freestanding FOR SALE


Texarkana, TX 75501
$495,000 USD
512-484-3002
1615 New Boston Rd, Texarkana, TX for Sale
$495,000 USD
Freestanding - FOR SALE
1/5
null | 8.24% 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 nearly 3.5 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

$495,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

8.24%

% 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.