Renovated Neighborhood Shopping
For Sale
Contact for pricing
4011 Jefferson Avenue, 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 Market76
Property Features for 4011 Jefferson Avenue
General Information
Standard status
Active
Size
30,662 SF
Class
B
Total Parking Spaces
174
Lot size
3.08 Acres
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$269,613
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
9%
Building Details
Year Built
1984
Year Renovated
2012
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Frank Roti · License #IL 475.139806
(312) 787-0666
Source:
Crexi
Added: Jul 6
Changed: Sep 11
Last Checked: Sep 19 at 6:54AM
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 - Chicago Downtown
Investment Insights
Based on property information with market context.
This neighborhood shopping center at 4011-4083 Jefferson Avenue contains approximately 30,662 square feet of leasable space on a 3.08-acre parcel. Constructed in 1984 and extensively renovated in 2012, the center is currently 100 percent occupied. The tenant roster is diversified, with most occupants operating under triple-net lease structures and one tenant under a gross lease. Five tenants have maintained long-term occupancy.
The property sits along Jefferson Avenue in Texarkana, Arkansas, within a corridor serving daily-needs retail, medical, and service businesses. Nearby community anchors include the Texarkana Arkansas School District and Arkansas High School, while grocery stores, quick-service restaurants, financial institutions, and healthcare providers add to the surrounding service mix. Jefferson Avenue also connects with Interstate 30 and Interstate 49, providing regional access across the Ark-La-Tex area. The property includes ample parking and customer access associated with its neighborhood retail setting.
The property sits along Jefferson Avenue in Texarkana, Arkansas, within a corridor serving daily-needs retail, medical, and service businesses. Nearby community anchors include the Texarkana Arkansas School District and Arkansas High School, while grocery stores, quick-service restaurants, financial institutions, and healthcare providers add to the surrounding service mix. Jefferson Avenue also connects with Interstate 30 and Interstate 49, providing regional access across the Ark-La-Tex area. The property includes ample parking and customer access associated with its neighborhood retail setting.
Key Highlights
- Approximately 30,662 square feet of leasable retail space on 3.08 acres
- 100 percent occupied with a diversified tenant mix
- Primarily triple‑net leases, with one tenant on a gross lease
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
37k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with a diversified tenant roster and convenient access along a neighborhood commercial corridor.
Where is this shopping center located?
The property is located at 4011 Jefferson Avenue 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 on 3.08 acres; 100 percent occupied with a diversified tenant mix; Primarily triple‑net leases, with one tenant on a gross lease
