5101 State Line AveTexarkana, TX 75503

This exceptional investment opportunity presents a fee-simple interest in a ±7,313 square foot Hooters restaurant located at 5101 N State Line Ave, Texarkana, TX 75503. Situated on a 1.32-acre lot with 131 parking spaces, this property boasts a prime location on the Texas-Arkansas border, benefiting from high visibility and accessibility to a combined metropolitan area population exceeding 150,000. The building, constructed in 1979 and renovated in 2014, is currently operating under a 15-year Absolute NNN lease with a remaining term of four years and three (5) year option periods. The lease features 10% rent increases every five years, ensuring consistent income growth. The property's strong performance is reflected in its 8.75% cap rate and a Net Operating Income (NOI) of $205,207. The asking price is $2,345,222, translating to a price per square foot of $320.69. The property is zoned COMMERCIAL and benefits from the tenant's strong national brand recognition and a stable, diverse customer base. This is a rare opportunity to acquire a well-performing, single-tenant net-leased property in a tax-free state with significant long-term potential. The property's strategic location and favorable lease terms provide investors with a secure and lucrative investment opportunity. The tenant is responsible for all property expenses, including taxes, insurance, and maintenance, minimizing landlord responsibilities.