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5996 Us 59 S 8,320 SF Retail Building Texarkana, TX 75501 $1,575,971 CAD ($189.42 CAD/SF) 7.83% Cap Rate
Investment Highlights
- Built in 2018
- Population exceeds 89,000 Residents within a 10 Mile Radius
- NN Lease/Minimal Landlord Responsibilities. Current lease term through 3/31/2028. 4 - 5-year option periods with 10% rent increase each option.
Executive Summary
Pleased to present this 8,320 square foot Family Dollar store located in Texarkana, Texas. The property has a NN Lease, leaving minimal Landlord Responsibilities
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2018
Price
$1,575,971 CAD
Price Per SF
$189.42 CAD
Cap Rate
7.83%
NOI
$123,337 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.31 AC
Zoning
C1 - Commercial
Parking
8 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
155’ on U.S. 59
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11760007600 | Improvements Assessment | $21,927 CAD (2025) |
| Land Assessment | $71,467 CAD (2025) | Total Assessment | $93,393 CAD (2025) |
Property Taxes
Parcel Number
11760007600
Land Assessment
$71,467 CAD (2025)
Improvements Assessment
$21,927 CAD (2025)
Total Assessment
$93,393 CAD (2025)
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Photos
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Street
Map
Presented by
The Appraisal Group
5996 Us 59 S
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