3909 Jefferson Ave, Texarkana, AR 71854-1532

This exceptional investment opportunity presents a stabilized, single-tenant Family Dollar store located at 3909 Jefferson Ave, Texarkana, Arkansas, 71854. The 7,360 square foot building, constructed in 1999 and situated on a substantial 40,438 square foot lot, enjoys 100% occupancy with a lease extending through February 1, 2024, with two additional five-year renewal options. The property boasts a strong financial profile, with an asking price of $705,000, reflecting a compelling cap rate of 7.0% and a price per square foot of $95.79. The current Net Operating Income (NOI) is $49,340. This prime retail location benefits from high visibility due to its corner lot placement on a road with a daily traffic count of 12,000 vehicles. The surrounding area demonstrates ongoing commercial activity and new construction, suggesting positive future growth potential. The property's strong demographic appeal is underscored by a total population of 36,679 and 16,399 households within a three-mile radius, with average household incomes ranging from $48,457 to $54,402. This well-established Family Dollar store represents a secure and reliable investment in a thriving Texarkana community. The property is a single-story building.