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3760 East St Texarkana, AR 71854

Sponsored
For Sale
$1,034,040

High-yield NNN retail investment. Strong tenant.

Property size:
9,217 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a single-tenant, 9,217 square foot Dollar General store located at 3760 East St, Texarkana, AR 71854. The property boasts a 7.25% cap rate and a strong NOI of $74,967. Built in 2012, this single-story building sits on a 1.12-acre lot and is zoned for commercial use. The current lease, a NNN (Net Lease) agreement with a corporate guarantee, has a remaining term of approximately 2.2 years, with three five-year renewal options, each including a 10% rent increase. The lease commenced on March 19, 2012, and is set to expire on January 21, 2027. The asking price is $1,034,040, translating to a price per square foot of $112.19. The property enjoys 100% occupancy and benefits from the tenant's successful operation since 2012. Furthermore, the location is attractive, with average annual household incomes exceeding $72,000 within a one-mile radius. This is a low-maintenance, high-return investment opportunity with a proven tenant and a desirable location. The property is a prime example of a secure, passive income stream.

Property Features for 3760 East St

General Information

Property type
Individual retail properties
Square Feet
9,217 SF
Lot Size
48,787 SF

Building Details

Year Built
2012
Buildings
1
Stories
1
Units
1

HighLights

  • Established tenant with 11+ years of successful operation.
  • Strong demographics: Average household income over $72,000 within one mile.
Property Profile Location Intelligence

Current Use by Public Records

FedEx OnSite Mailing Service Dollar General Dollar Store Western Union Money Transfer Service

Suggested Use

Building Supply Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Department Store Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Texarkana
County
Miller
State
Arkansas
Longitude
-93.9996035
Latitude
33.3866967

FAQs

What type of property is this?
Individual retail property - High-yield NNN retail investment. Strong tenant.
Where is this individual retail property located?
The property is located at 3760 East St Texarkana, AR.
What is the asking price?
The asking price for this property is $1,034,040.
What are key features of this property?
This property features: Established tenant with 11+ years of successful operation.; Strong demographics: Average household income over $72,000 within one mile.;
More about this property
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