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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5996 Us-59 Texarkana, TX 75501

1.31 ac lot Built 2018
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2018
Lot 1.31 ac (57,064 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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