Texarkana Restaurant and Entertainment
For Sale
$850,000
8400 West 7th Street, Texarkana, TX 75501
Unique restaurant and venue with indoor and outdoor spaces.
Property Size4,236 SF
Price / SF$200.66
Days on Market238
Property Features for 8400 West 7th Street
General Information
Standard status
Active
Size
4,236 SF
Property subtype
Retail
Building Details
Building Size
4,236 SF
Year Built
2014
Listing Agency:
NAI American Realty
Listed By:
Steven Harvey · License #AR #PB00075545
(903) 793-2666
Source:
Naiglobal
Added: Feb 26
Changed: Oct 19
Last Checked: Oct 20 at 7:15PM
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 NAI American Realty
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,333
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,660
$1.5M
Cap Rate 7%
$1,076,186
$1.1M
Cap Rate 9%
$837,033
$837.0K
Market Conditions
NOI Build-Up for 4,236 SF
Gross rent
$105.7K $24.96/SF
− Vacancy
−$5.3K −$1.25/SF
EGI
$100.4K $23.71/SF
− OpEx
−$25.1K −$5.93/SF
NOI
$75.3K $17.78/SF
Area
Bowie County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,660
Cap Rate 7%
$1,076,186
Cap Rate 9%
$837,033
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
