412 New Boston TxNew Boston, TX 75570
Texas Retail Investment: 8.5% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 101
Highlights
- $275,000 asking price for a 2,880 SF retail storefront in New Boston, TX.
- 8.50% cap rate with a $23,208 net operating income (NOI).
- Net lease (NNN) with a single tenant, The Cash Store, a 30-year-old financial services company.
- 2.9 years remaining on the lease, expiring June 30, 2027, with rent bumps and four 3-year lease options.
- Located on a major thoroughfare with high traffic volume in the Texarkana MSA.
- Built in 1972, renovated in 2012, situated on a 0.4-acre lot.
Property Details for 412 New Boston Tx
- Property type
- Other specialty properties, Other retail properties
- Square Feet
- 2,880 SF
- Year Built/Renovated
- 1972/2012
- Lot Size (sq. ft)
- 17,424 SF
Location Insight
- City
- New Boston
- County
- Bowie
- State
- Texas
- Latitude
- 33.466861018264
- Longitude
- -94.408568718643








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