1615 New Boston Rd, Texarkana, TX 75501

This exceptional investment opportunity presents a 1,800 square foot retail storefront in Texarkana, Texas, currently leased to Texas Car Title and Payday Loan Services under a Net Lease (NNN) agreement. The property boasts a strong 8.00% cap rate, generating a current Net Operating Income (NOI) of $40,800 annually. The tenant, a franchisee with a corporate guarantee, has occupied the space since July 1, 2007, and the current lease, commencing July 1, 2022, has approximately 2.6 years remaining, expiring June 30, 2027, with a lease option for extension. The next lease extension will increase the net income to $44,400. The property, built in 1973 and renovated in 2020, sits on a 0.45-acre lot at 1615 New Boston Rd, Texarkana, TX 75501, offering excellent visibility and high traffic counts. The asking price is $510,000, translating to a price per square foot of $283.33. A recent appraisal (December 2023) valued the property at $580,000. Owner financing is available. This is a rare opportunity to acquire a stable, high-performing retail investment with a long-standing tenant and significant upside potential.