Property summary
This exceptional investment opportunity presents a multi-tenant executive office complex located at 2603 Texas Boulevard in Texarkana, Texas. The property boasts a total of 21,344 square feet across three single-story buildings, situated on a 1.49-acre lot. Currently operating at 87% occupancy, this Class B office space offers a compelling return on investment with an asking price of $1,000,000 ($46.85/sq ft). The property is zoned for office use and features on-site management, simplifying operations. Tenants benefit from included utilities and twice-weekly janitorial service, enhancing the overall value proposition. The leasing office provides convenient mail and package delivery services. Leases are structured on a gross basis, with the current lease period commencing January 6, 2023, and expiring December 30, 2023. Strategically located in the heart of Texarkana, between the downtown area and the burgeoning I-30 corridor, this property enjoys excellent visibility and accessibility. This is an ideal opportunity for investors seeking a well-maintained, multi-tenant office complex in a thriving Texas market. The property's strong occupancy rate and comprehensive amenities make it an attractive investment with significant potential for future growth.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
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Roofing Company General Contractor
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Real Estate Agency
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General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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