Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5996 Us-59 Texarkana, TX 75501

    Sponsored
    For Sale
    $1,224,599

    High-Yield Texas Convenience Store

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity features a single-tenant, 8,320 square foot Family Dollar store situated on 1.31 acres in Texarkana, Texas. Built in 2018, the property boasts a strong Net Lease (NN) structure with minimal landlord responsibilities, providing a passive income stream. The current lease, with a corporate guarantee, has a remaining term of 3.4 years and includes six (5) year renewal options with 5% rent bumps in each. The property enjoys a 7.35% cap rate and a substantial net operating income (NOI) of $90,008. Located on US-59, with convenient access to Interstate 369, this high-traffic location benefits from a strong demographic profile, including a population exceeding 89,000 within a 10-mile radius and an average annual household income exceeding $72,000 within a 3-mile radius. The property includes 8 parking spaces and is zoned for commercial use. This is a turnkey investment ideal for those seeking a stable, high-return retail asset in a thriving Texas market. The asking price is $1,224,599. The lease commenced August 28, 2017, and expires March 31, 2028. The property is 100% occupied.

    Property Features for 5996 Us-59

    General Information

    Property type
    Individual retail properties
    Lot Size
    57,064 SF

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Net lease with minimal landlord responsibilities.
    • 2018 construction.
    • Located in a Texas, a no‑income‑tax state.
    • Densely populated area with over 89,000 residents within 10 miles.
    • High average household income exceeding $72,000 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1209912
    Latitude
    33.3740036

    Nearby Similar for Sale

    • $428,000
      2,272 SF

      Charming Texarkana Event Venue

      Rustic venue on 1.26 acres for weddings and events.
      4600 Rose Acres Rd, Texarkana, TX 75502
      View Details
    • $359,900
      3,418 SF

      Remodeled Office Building on Texas Blvd

      Fully remodeled office building with modern amenities and ample parking.
      4609 Texas Blvd, Texarkana, TX 75503
      View Details
    • $175,000
      4,550 SF

      Downtown Texarkana Commercial Building

      Commercial building with 4,550 sqft in downtown Texarkana.
      218 Main St, Texarkana, TX 75503
      View Details
    • $399,900
      5,136 SF

      Texarkana Multifamily Investment Opportunity

      Multifamily property featuring eight units in Texarkana, Texas.
      1301 Pine St, Texarkana, TX 75501
      View Details
    • $495,000
      2,700 SF

      Restaurant Ready for New Venture

      Well-equipped restaurant near Hwy 67 W and school property.
      217 Redwater Blvd, Texarkana, TX 75501
      View Details
    • $198,250
      6,365 SF

      Equipped Church Building on Corner

      Fully equipped church with expansion potential on a corner lot.
      802 Pierre St, Texarkana, TX 75501
      View Details
    • New
      $329,888
      0.21 Acres

      Texarkana Fourplex Investment Opportunity

      Two-story fourplex near shopping, schools, dining, and medical care.
      322-328 Brookwood Dr, Texarkana, TX 75501
      View Details
    • New
      $569,000
      8.00 Acres

      Texarkana Mobile Home Park

      8-acre property with 12 rentable mobile home units.
      620 George Thomas Rd, Texarkana, TX 75501
      View Details
    • $1,010,000
      9,654 SF

      Texarkana Townhouse Units For Sale

      Seven townhouse units in Texarkana, TX, generating $8175 monthly.
      6210 Gould Ln, Texarkana, TX 75503
      View Details
    • $550,000
      4,503 SF

      Texarkana Law Office For Sale

      Custom-built office building with 10+ offices in a prime location.
      3512 Texas Blvd, Texarkana, TX 75503
      View Details
    • $550,000
      4,503 SF

      Texarkana Law Office Building

      Custom-built office with 10+ offices, perfect for professional practices.
      3512 Texas Blvd, Texarkana, TX 75503
      View Details
    • $2,000,000
      65,000 SF

      Former School with Development Potential

      65,000 sqft former school on 22.19 acres for sale.
      2300 Buchanan Rd, Texarkana, TX 75501
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-Yield Texas Convenience Store
    Where is this individual retail property located?
    The property is located at 5996 Us-59 Texarkana, TX.
    What is the asking price?
    The asking price for this property is $1,224,599.
    What are key features of this property?
    This property features: Net lease with minimal landlord responsibilities.; 2018 construction.; Located in a Texas, a no-income-tax state.
    Request Owner's contact information
    5996 Us-59 Texarkana, TX 75501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5996 Us-59
    Texarkana, TX 75501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5996 Us-59 Texarkana, TX 75501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.