412 New Boston Tx New Boston, TX 75570
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.