5530 Christus Dr, Texarkana, TX 75503
Former restaurant property with flexible interior space and two large parking lots for customers and staff.
Property Features for 5530 Christus Dr
General Information
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Investment Insights
Based on property information with market context.
With ample on-site parking available, the property is well suited for businesses that rely on customer access and straightforward arrivals. The existing commercial building format can help streamline day-to-day operations for a tenant looking for a ready-made footprint rather than starting from scratch.
The space may work well for owners or tenants seeking an adaptable commercial location that can be tailored to restaurant service or repurposed for office or medical use. If you’re considering a storefront or professional practice that needs parking support, this property’s two-lot setup is a practical advantage. Its former restaurant identity gives it a defined commercial presence, while the overall configuration leaves room to match your specific operating requirements.
Key Highlights
- Former restaurant property in Texarkana with flexible interior space for retail, restaurant, office, or medical use
- Centrally located commercial property with adaptable layout and room for multiple business types
- Two large parking lots for customers and staff
Financial Insights For Specialty Retail
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 | $75.8k | $24.96 |
| − Vacancy | −$3.8k | −$1.25 |
| EGI | $72.0k | $23.71 |
| − OpEx | −$18.0k | −$5.93 |
| NOI | $54.0k | $17.78 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 75503, TX
Market
Vacancy Rate% for Retail in South region