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Office Suite in Business Center
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5902 Summerfield Dr, Texarkana, TX 75503

Office suite in a newly developed business center.

Space Size4,894 SF
Days on Market813

Property Features for 5902 Summerfield Dr

General Information

Standard status Active
Size 4,894 SF
Property subtype Office
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 5902 Summerfield Dr Contact us

Available Space

Size
4,894 SF
Type
Office
Lease Type
NNN
Availability
Active
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Listing Agency: Scout Property Group
Listed By: Adam Dukelow, CCIM · License #TX 665019
Source: Crexi
Added: May 30, 2024 Changed: Aug 15 Last Checked: Aug 19 at 8:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scout Property Group

Investment Insights

Based on property information with market context.

This office suite, previously used as a law office, is situated in a newly developed business center. The suite provides approximately 4,894 square feet of space. It is located less than 1 mile from I-30 in a quiet area surrounded by executive offices and medical specialties. The property is suitable for any professional service seeking to establish a presence in a business environment.

Key Highlights

  • Located in a newly developed, prestigious business center.
  • Conveniently located less than 1 mile from I‑30.
  • Large office suite with 4,894 +/- sf of space.

Property Analytics

Current Use

Langdon Davis Law ... Law Firm Mcpherson Lisa Law Firm Hart Demaris Law Firm United Capital Financial ... Financial Advisor Quest Diagnostics Medical Laboratory

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Law Firm Spa & Massage Center Clothing & Fashion Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 75503, TX

25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value

Market

Lease Benchmarks for Texarkana, TX

$10.66 /SF/Yr
Avg Asking Price
$8.57–$12.63 /SF/Yr
Price Range
4,378 SF
Avg Space Size

This space is priced 74% above the average of $10.66 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite in a newly developed business center.
Where is this office units located?
The property is located at 5902 Summerfield Dr Texarkana, TX.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Located in a newly developed, prestigious business center.; Conveniently located less than 1 mile from I‑30.; Large office suite with **4,894 +/- sf of space.**
(903) 223-8000 Call to check price and availability
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