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    FOR SALE
    Turn key restaurants

    607 E 51St St, Texarkana, AR 71854

    5,032 SF 1.52 ac lot Built 2013
    Entity Owned ~ Est. High Equity
    Property ID
    US05-1807115
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2013
    Construction MIXED
    Total area 5,032 SF
    Lot 1.52 ac (66,298 SF)
    APN 6130050
    UPID US05-1807115
    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
    • Chilango’s Mexican Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $960k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $715k
    Blend (final) Blend
    $900k
    Owner & transaction history
    Checkk Properties LLC
    Checkk Properties LLC
    since 2025
    Last sale
    $900,000
    3 recorded transactions
    2025
    $900,000
    2023
    $1.0M
    2015
    $1.8M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $805,000 +59.3%
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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