3725 N State Line Ave Texarkana, TX 75503
- Commercial real estate
- 1,800 SF
- 0.23 lot acres
Current Use by Public Records
- Cash Store / Loan Service
- Cash Express / Check Cashing
Property Details for 3725 N State Line Ave
- Lot size
- 0.23 lot acres
- Property size
- 1,800 SF
- Property type
- Commercial real estate
- APN
- 44480
- APU
- 44480
Description
This exceptional investment opportunity presents a two-unit retail portfolio totaling 1,800 square feet, situated on a hard corner of a major thoroughfare in Texarkana, Texas, boasting over 29,000 vehicles per day. The portfolio features a single tenant, The Cash Store, a well-established financial services company with a 20-year history at this location and an additional location at 412 N McCoy in New Boston, Texas. The property benefits from a triple-net (NNN) lease, minimizing landlord responsibilities. The current lease has a remaining term of approximately 2.9 years, expiring June 30, 2027, and includes rent bumps. Lease options are available for a 4-year term with 3-year renewal options. The property sits on a 10,000 square foot lot and offers a compelling 8.50% cap rate with a Net Operating Income (NOI) of $41,608. The asking price for this turnkey investment is $489,000. This is an ideal opportunity for investors seeking a stable, high-yield retail investment with a strong tenant and significant upside potential. The property's prime location and long-standing tenant history make it a truly attractive proposition.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.0435
- Latitude
- 33.4535
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA