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    720 East St Texarkana, AR 71854

    For Lease
    $5 SF/Yr

    Prime Texarkana Grocery Store Space

    Lot size:
    67,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity presents 18,120 square feet of space within the bustling College Hill Shopping Center in Texarkana, Arkansas. Previously occupied by SuperValu, this single-tenant property offers a fully equipped space ideal for a new grocery store or similar retail concept. The building, constructed in 1959, boasts a total of 67,326 square feet on a 7.24-acre lot, and is situated within a thriving commercial area. The C-3 zoning allows for a variety of retail uses. The property's high visibility ensures significant foot traffic and exposure. The surrounding area is home to over 1,000 businesses employing over 11,000 residents within a two-mile radius, providing a strong customer base. Established businesses such as Unclaimed Furniture, Mission Texarkana Thrift Store, and DaVita are nearby, along with national retailers like Family Dollar, Metro by T-Mobile, and Pizza Hut. This one-story building features no elevators. This is a remarkable chance to establish or expand your retail presence in a high-demand location. The property's size and location make it an attractive investment for a variety of retail businesses. Don't miss this chance to secure a prime retail space in a thriving Texarkana community.

    Property Features for 720 East St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,326 SF
    Total Rate
    30857.75

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    18,120 SF
    Rate per SF
    $5

    HighLights

    • 67,326 SF retail building on 7.24 acres in Miller County.
    • Single‑tenant, 18,120 SF grocery store space available for lease.
    • Located in the College Hill Shopping Center in Texarkana, AR.
    • Built in 1959, one‑story building with no elevators.
    • Zoned C‑3.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm MoneyGram Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.028955313622
    Latitude
    33.413809345852

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    FAQs

    What type of property is this?
    Individual retail property - Prime Texarkana Grocery Store Space
    Where is this individual retail property located?
    The property is located at 720 East St Texarkana, AR.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 67,326 SF retail building on 7.24 acres in Miller County.; Single-tenant, 18,120 SF grocery store space available for lease.; Located in the College Hill Shopping Center in Texarkana, AR.
    Request Owner's contact information
    720 East St Texarkana, AR 71854
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    Texarkana, AR 71854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 East St Texarkana, AR 71854
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