Single-Tenant Retail
For Sale
Contact for pricing
3401 Mall Dr, Texarkana, TX 75503
Fee simple retail property leased to Michaels Stores, Inc. with more than three years remaining.
Property SizeContact for details
Days on Market136
Property Features for 3401 Mall Dr
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:48AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
The offering includes the fee simple interest in a single-tenant retail property leased to Michaels Stores, Inc. Michaels has operated at the location since 2001. Following the most recent lease extension, the lease has more than three years remaining, with one five-year option remaining.
The property is positioned just steps away from I-30, the major east-west highway connecting toward Little Rock, AR and Dallas, TX. It is located near Central Mall, which includes anchor tenants such as Dillard’s and JCPenney.
This enclosed regional mall serves an area with additional nearby retailers listed including Outback Steakhouse, ULTA Beauty, Chili’s Grill & Bar, Olive Garden, and Books-A-Million.
The property is positioned just steps away from I-30, the major east-west highway connecting toward Little Rock, AR and Dallas, TX. It is located near Central Mall, which includes anchor tenants such as Dillard’s and JCPenney.
This enclosed regional mall serves an area with additional nearby retailers listed including Outback Steakhouse, ULTA Beauty, Chili’s Grill & Bar, Olive Garden, and Books-A-Million.
Key Highlights
- Fee simple single‑tenant retail property leased to Michaels Stores, Inc.
- Michaels has operated at this location since 2001.
- More than 3 years remaining on the lease after the most recent extension.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fee simple retail property leased to Michaels Stores, Inc. with more than three years remaining.
Where is this retail space located?
The property is located at 3401 Mall Dr Texarkana, TX.
What are key features of this property?
This property features: Fee simple single‑tenant retail property leased to Michaels Stores, Inc.; Michaels has operated at this location since 2001.; More than 3 years remaining on the lease after the most recent extension.
