Net-Leased Automotive Services
3327 & 3407 S Lake Dr Texarkana, TX 75501
3327 & 3407 S Lake Dr, Texarkana, TX, 75501
Contact for pricing
For Sale
Contact for pricing
Dual-tenant net-leased automotive facility featuring a collision center and towing & recovery operations.
Property Size24,550 SF
Price / SF$129.25
Days on Market175
Property Features for 3327 & 3407 S Lake Dr
General Information
- Standard status
- Active
- Size
- 24,550 SF
- Property subtype
- Retail
Listing agency
Sands Investment Group
(844) 474-4666
Listed by
Gary Berwick · License #NC 312724
Source
Crexi
Added: Jan 29 Updated: Jul 22 at 11:39PM Checked: Jul 22 at 11:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to exclusively offer for sale a dual-tenant, net-leased automotive services property totaling 24,550 SF. The offering includes Joe Hudson’s Collision Center and Baker’s Towing & Recovery, with both tenants operating within the subject facilities.
The property is located at 3327 & 3407 S Lake Drive in Texarkana, Texas. The remarks describe the asset as anchored by Joe Hudson’s Collision Center, a national operator recently acquired by The Boyd Group Services Inc., and note minimal landlord responsibilities and stable in-place income across both tenants.
This configuration provides a combined automotive services platform under a net-leased structure with two in-place operators.
The property is located at 3327 & 3407 S Lake Drive in Texarkana, Texas. The remarks describe the asset as anchored by Joe Hudson’s Collision Center, a national operator recently acquired by The Boyd Group Services Inc., and note minimal landlord responsibilities and stable in-place income across both tenants.
This configuration provides a combined automotive services platform under a net-leased structure with two in-place operators.
Key Highlights
- 24,550 SF dual‑tenant net‑leased automotive facility in Texarkana, TX
- Tenants include Joe Hudson’s Collision Center and Baker’s Towing & Recovery
- Property located at 3327 & 3407 S Lake Drive, Texarkana, TX
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.4k | $8.04 |
| − Vacancy | −$16.8k | −$0.68 |
| EGI | $180.6k | $7.36 |
| − OpEx | −$27.1k | −$1.10 |
| NOI | $153.5k | $6.25 |
24,550 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$5.82M
$5.09M – $6.79M
NOI $407,491 @ 7.0% cap · market cap 12.84%
Second Best
Warehouse
$2.19M
$1.92M – $2.56M
NOI $153,514 @ 7.0% cap · market cap 4.84%
Theoretical Best
Hotel Hospitality
$18.49M
$16.18M – $21.57M
NOI $1,294,399 @ 7.0% cap · market cap 40.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hadaway Collision
Auto Repair Shop
Shasta Developers
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Hadaway Collision — 3327 s lake dr, texarkana, tx 75501
- Forza Auto Repair European Auto Repair Specialist — 3501 S Lake Dr, Texarkana, TX 75501
- B Truck & Trailer Parts — 3811 S Lake Dr, Texarkana, TX 75501
- Body Shop — Flower Acre Rd, Texarkana, TX 75501
- Baker's Towing & Recovery - Texarkana — 3407 S Lake Dr, Texarkana, TX 75501
FAQs
What type of property is this?
Auto shop - Dual-tenant net-leased automotive facility featuring a collision center and towing & recovery operations.
Where is this auto shop located?
The property is located at 3327 & 3407 S Lake Dr Texarkana, TX.
What is the asking price?
The asking price for this property is $3,173,000.
What are key features of this property?
This property features: 24,550 SF dual‑tenant net‑leased automotive facility in Texarkana, TX; Tenants include Joe Hudson’s Collision Center and Baker’s Towing & Recovery; Property located at 3327 & 3407 S Lake Drive, Texarkana, TX
