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New 5 YR Lease | STNL Industrial | 8.25% Cap 3102 New Boston Rd

4,202 SF Industrial Building Texarkana, TX 75501 £326,788 (£78/SF) 8.50% Net Initial Yield

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Investment Highlights

BRAND NEW 5 YEAR LEASE – The tenant has just renewed their lease for another 5 years, with an additional 5-year option, with a 6.25% increase in the o
STABLE NATIONAL TENANT – Wines ‘Til Sold Out, a well-established national brand, has been operating at this property since 2016

ATTRACTIVE 8.25% CAP RATE – A competitive cap rate provides investors with a solid return on investment in a high-demand market.
PRIME LOCATION– Major surrounding tenants include Walmart Supercenter, Lowes, Home Depot, Exxon, Family Dollar, Dollar Tree, Academy Sports

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

3102-new-boston-rd-texarkana-tx-2

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	£37,558	£8.94
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£37,558	£8.94
Taxes	£5,477	£1.30
Operating Expenses	£4,303	£1.02
Total Expenses	£9,781	£2.33
Net Operating Income	£27,777	£6.61

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	£37,558
Annual Per SF	£8.94

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	£37,558
Annual Per SF	£8.94

Taxes
Annual	£5,477
Annual Per SF	£1.30

Operating Expenses
Annual	£4,303
Annual Per SF	£1.02

Total Expenses
Annual	£9,781
Annual Per SF	£2.33

Net Operating Income
Annual	£27,777
Annual Per SF	£6.61

Property Facts

Price	£326,788	Lot Size	0.80 AC
Price Per SF	£78	Rentable Building Area	4,202 SF
Sale Type	Investment	Number of Floors	1
Net Initial Yield	8.50%	Year Built	1995
Property Type	Industrial	Tenancy	Single
Property Subtype	Distribution General Retail Freestanding Industrial Warehouse Light Industrial Light Distribution	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£326,788
Price Per SF	£78
Sale Type	Investment
Net Initial Yield	8.50%
Property Type	Industrial
Property Subtype	Distribution General Retail Freestanding Industrial Warehouse Light Industrial Light Distribution
Lot Size	0.80 AC
Rentable Building Area	4,202 SF
Number of Floors	1
Year Built	1995
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

MAJOR TENANTS

Wines "Til Sold Out
Retailer
-
-
-

Tenant	Industry	SF OCCUPIED	RENT/SF			Lease End
Wines "Til Sold Out	Retailer	-	-			-

zoning

Zoning Code	Commercial (Commercial)
Commercial (Commercial)

(214) 227-8520

Contacts

Evan Poole
Lee Cordova
Drew Boroughs
Matthews Real Estate Investment Services

Listing ID: 33156687
Date on Market: 12/09/2024
Last Updated:
Address: 3102 New Boston Rd, Texarkana, TX 75501

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