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3102 New Boston Rd
Texarkana, TX 75501

$417,647 USD

Distribution For Sale  •  4,202 SF

Property Details

  • Property Type Distribution
  • Total Building Size 4,202 SF
  • Lot Size 0.8 AC
  • Year Built 1995
  • Cap Rate 8.50 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
52 Walk Score

Highlights

BRAND NEW 5 YEAR LEASE – The tenant has just renewed their lease for another 5 years, with an additional 5-year option, with a 6.25% increase in the o
ATTRACTIVE 8.25% CAP RATE – A competitive cap rate provides investors with a solid return on investment in a high-demand market.
STABLE NATIONAL TENANT – Wines ‘Til Sold Out, a well-established national brand, has been operating at this property since 2016
PRIME LOCATION– Major surrounding tenants include Walmart Supercenter, Lowes, Home Depot, Exxon, Family Dollar, Dollar Tree, Academy Sports

Property Flyers

Financial Summary (Actual)

Net Operating Income: $35,500 USD (2023)
Cap Rate: 8.50 %
Total Expenses: $12,500 USD

Major Tenants

Tenant SF Occupied Lease End Date
Wines "Til Sold Out

Public Transportation

Commuter RailDriveWalkDistance
Texarkana Amtrak Station (Texas Eagle - Amtrak) 5 min - 3.1 mi
AirportDriveWalkDistance
Texarkana Regional-Webb Field 15 min - 7.1 mi
Evan Poole 214-227-8520 Matthews Real Estate Investment Services
Evan Poole 214-227-8520 Matthews Real Estate Investment Services