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Renovated Neighborhood Strip Center
New
For Sale
$3,118,000

4011-4083 Jefferson Ave, Texarkana, AR 71854

Fully occupied retail center with a diversified tenant roster and convenient access along a neighborhood commercial corridor.

Property Size30,662 SF
Lot Size3.08 Acres
Price / SF$101.69
Days on Market5

Property Features for 4011-4083 Jefferson Ave

General Information

Standard status Active
Size 30,662 SF
Lot size 3.08 Acres
Property subtype Shopping Strip
Occupancy 100%

Additional Details

Highway Access Yes

Amenities

100 Percent Occupied, 30,662-Square-Foot Neighborhood Retail Center
Extensively Renovated in 2012 with New Roof, HVAC, Plumbing and Electrical Systems
Diversified Mix of Medical, Retail and Service Tenants
Long-Term Tenant History with Embedded Upside Through Future Lease Rollovers
Surrounded by Walmart, Lowe's, Chick-fil-A, CVS, Sonic, Tractor Supply, Starbucks and Numerous National Retailers
Excellent Visibility Along Jefferson Avenue with Convenient Access to Interstate 30 and Interstate 49
Minutes from CHRISTUS St. Michael, Wadley Regional Medical Center and Major Employers

Building Details

Building Size 30,662 SF
Year Built 1984
Year Renovated 2012
Tenancy Multi
Listing Agency: Marcus & Millichap | New Haven
Listed By: Mike Murino · License #License(s): IL: 475.214583
Source: Marcusmillichap
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 4 at 2:51AM

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 Marcus & Millichap | New Haven

Investment Insights

Based on property information with market context.

This neighborhood strip center contains approximately 30,662 square feet of leasable retail space on a 3.08-acre parcel. Originally completed in 1984, the property underwent extensive renovation in 2012. The center is fully occupied by a varied group of tenants, with most leases structured as triple net or double net and one gross lease. Five tenants have maintained long-term occupancy.

The property fronts Jefferson Avenue in Texarkana, Arkansas, within a commercial corridor serving daily-needs retail, medical, and service uses. Nearby grocery, restaurant, banking, and healthcare services support regular activity, while proximity to the Texarkana Arkansas School District and Arkansas High School adds additional customer and visitor traffic. Interstate 30 and Interstate 49 provide regional connectivity to surrounding communities and the broader Ark-La-Tex area.

Key Highlights

  • Approximately 30,662 square feet of leasable retail space
  • 3.08‑acre parcel along Jefferson Avenue
  • Originally built in 1984 and extensively renovated in 2012

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Building Supply Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 43%
SONIC Drive In Dining
15,343 visits/mo 0.2 miles
Family Dollar Shops & Services
7,998 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,847 visits/mo 0.1 miles
Daylight Donuts Dining
3,004 visits/mo 0.4 miles
Farmers Bank Shops & Services
2,920 visits/mo 0.2 miles

Demographics for 71854, AR

35,580
Population
16,882
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
269.7 sq mi
ZIP Area
132
Density / Sq Mi
$48,211
Median Household Income
$38,273
Median Earnings
$883
Median Rent
$157,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied retail center with a diversified tenant roster and convenient access along a neighborhood commercial corridor.
Where is this strip mall located?
The property is located at 4011-4083 Jefferson Ave Texarkana, AR.
What is the asking price?
The asking price for this property is $3,118,000.
What are key features of this property?
This property features: Approximately 30,662 square feet of leasable retail space; 3.08‑acre parcel along Jefferson Avenue; Originally built in 1984 and extensively renovated in 2012
More about this property
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