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Property profile & analytics
OFF-MARKET
Specialty properties

412 New Boston Tx New Boston, TX 75570

2,880 SF 0.4 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,880 square foot storefront located at 412 N. McCoy Blvd (Hwy 8), New Boston, Texas, 75570. The property boasts a strong 8.5% cap rate, generating a net operating income (NOI) of $23,208 annually. Currently leased to The Cash Store, a well-established financial services company operating at this location for over a decade, the lease is a triple net (NNN) agreement, minimizing landlord responsibilities. The lease has a remaining term of approximately 2.9 years, expiring June 30, 2027, with rent bumps included and lease options for a further 7 years (4 + 3). The building, constructed in 1972 and renovated in 2012, sits on a 0.4-acre lot on a major thoroughfare experiencing over 9,000 vehicles per day. This single-tenant property is part of a two-unit portfolio, offering a compelling investment opportunity in the Texarkana MSA. The asking price is $275,000. This property offers a stable income stream with significant upside potential. The location's high visibility and traffic volume ensure continued tenant success. This is a turnkey investment ideal for passive income seekers.

Property profile
Verified
Property type Specialty properties
Year built 1972
Total area 2,880 SF
Lot 0.4 ac (17,424 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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