Texarkana Restaurant and Entertainment
8400 West 7th Street Texarkana, TX 75501
8400 West 7th Street, Texarkana, TX, 75501
$850,000
For Sale
$850,000
Unique restaurant and venue with indoor and outdoor spaces.
Property Size4,236 SF
Price / SF$200.66
Days on Market146
Property Features for 8400 West 7th Street
General Information
- Standard status
- Active
- Size
- 4,236 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing agency
(903) 793-2666
Listed by
Steven Harvey · License #TX #617762
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 3:55PM Checked: Jul 22 at 5:15AM
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 Steven Harvey
Investment Insights
Based on property information with market context.
Located in Texarkana, Texas, this 4,236 sq. ft. property, formerly The Duke Bar & Grill, is available for sale or lease. The property features a restaurant space with an indoor dining area and an enclosed patio, each equipped with its own bar. Additionally, there is a covered venue area with a stage and bar suitable for concerts and events. Situated with high visibility on Highway 67, this property is suited for a restaurant, brewery, or beer garden.
Key Highlights
- High visibility location on Highway 67
- 4,236 sq. ft. restaurant space suitable for various concepts
- Indoor dining area and enclosed patio, each with a bar
Local 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 | $105.7k | $24.96 |
| − Vacancy | −$5.3k | −$1.25 |
| EGI | $100.4k | $23.71 |
| − OpEx | −$25.1k | −$5.93 |
| NOI | $75.3k | $17.78 |
4,236 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$941.7K – $1.26M
NOI $75,333 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.19M
$2.79M – $3.72M
NOI $223,343 @ 7.0% cap · market cap 26.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Duke Bar and Grill
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Bar & Pub - Unique restaurant and venue with indoor and outdoor spaces.
Where is this bar & pub located?
The property is located at 8400 West 7th Street Texarkana, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High visibility location on Highway 67; 4,236 sq. ft. restaurant space suitable for various concepts; Indoor dining area and enclosed patio, each with a bar
