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Property profile & analytics
OFF-MARKET
Retail space

5211 Park Blvd Texarkana, TX 75503

2,225 SF 0.93 ac lot Built 2024
Property ID
US82-9573404
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 2024-constructed Starbucks with a drive-thru, located at 5211 W Park Blvd, Texarkana, TX 75503. The 2,225 square-foot property sits on a 0.93-acre lot and boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $143,000. The property benefits from a corporate-guaranteed, net lease with a remaining term of 9.4 years, expiring April 30, 2034, and includes attractive 10% rent bumps every five years. This Class A retail space is strategically positioned along a major retail corridor with excellent highway visibility and accessibility, directly off Interstate-30 (82,000+ vehicles per day) and with easy access to Interstate-369 (41,000+ vehicles per day). The location benefits from proximity to a future medical center, Wadley Regional Medical Center (370 beds, 21-bed ER), CHRISTUS St. Michael Hospital (312-bed acute care hospital, plus rehabilitation and outpatient facilities), and Central Mall (678,000+ square feet, anchored by Dillard's and JCPenney). The area also features numerous national retailers including Walmart, Lowe's, Academy Sports, Target, Home Depot, Kohl's, Best Buy, TJ Maxx, Hobby Lobby, Ross, and Sam's Club. High foot traffic is supported by Placer.AI data showing significant annual visitor counts at nearby Walmart, Lowe's, and Academy Sports. Furthermore, the property's proximity to Texarkana College and Texas High School provides a substantial customer base. The asking price is $2,383,333, representing a price per square foot of $1,071.16. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and excellent long-term growth potential.

Property profile
Verified
Property type Retail space
Year built 2024
Total area 2,225 SF
Lot 0.93 ac (40,511 SF)
UPID US82-9573404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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