Property summary
This exceptional restaurant opportunity is located in the thriving West Park Plaza Shopping Center in Texarkana, Texas. The property boasts a substantial 11,100 square feet of space, perfect for a large-scale restaurant operation or a unique culinary concept. Its strategic location offers excellent visibility from Interstate 30, just east of the University Avenue Interchange, ensuring high traffic and exposure to a large customer base. The property benefits from its proximity to significant retail developments, including over one million square feet of retail space at Richmond Ranch and Texarkana Pavilion to the east, and a Walmart Supercenter to the south, creating a synergistic retail environment and drawing significant foot traffic. The lease terms are attractive, with a net lease rate of $20.00 per square foot per year (NNN). A tenant allowance of $10.00 per square foot is also available to assist with build-out and improvements. This is a rare opportunity to establish a prominent restaurant presence in a high-traffic, well-established retail center in Bowie County, Texas. The property's size and location make it ideal for a variety of restaurant concepts, offering significant potential for success. Contact us today to learn more about this exceptional opportunity.
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Property description
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- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight