607 51St StTexarkana, AR 71854

Property Details for 607 51St St

Year built

2013

Construction

MIXED

Lot size

1.52 AC

Property size (Sq ft)

5,032 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

6130050

APU

6130050

Description

This exceptional restaurant property, located at 607 E 51st St, Texarkana, AR 71854, presents a lucrative investment opportunity. Built in 2013, this 5,032 square foot establishment sits on a 1.52-acre lot and boasts a prime location with excellent visibility facing Interstate 30, ensuring high traffic volume. The property is currently available for lease under a triple-net (NNN) lease agreement with a term of 3 years at a monthly rate of $6,500. The asking price for the entire property is $1,500,000, translating to $298.09 per square foot. Ample parking is available for patrons and staff. This turnkey restaurant offers a strong foundation for continued success, benefiting from its established presence in a high-traffic area and convenient access from I-30. The property's size and location make it ideal for a variety of restaurant concepts. The building's 2013 construction ensures modern amenities and efficient operations. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving market. Serious inquiries are encouraged.

Location Insight

City

Texarkana

County

Miller

State

Arkansas

Latitude

33.4713

Longitude

-94.0363

CBSA code

45500

CBSA name

TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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