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Lone Star Plaza Texarkana, Tx

$2,681,000

404 Walton Drive, Texarkana, TX 75501

Active
Last Updated: 12/04/2025

7

Cap Rate

187,686

NOI

Details:
Cap Rate:    7%
NOI:    $187,686
Building Size:    12,238 sqft
Lot Area:    1.59 acres
Occupancy:    89%
Year Built:    2004
Zoning:    C
Tenancy:    Multiple
Highlights:
  • PRICE: $2,681,000
  • CAP: 7.00%
  • Gross Leasable Area: +/-12,238 SF
  • Texas is an income tax-free state!
  • 89% Occupied
  • Tenants: GameStop, Tax Service of America, Cato, Red River Credit Union, Great Clips, Luxury Nails, Verizon
  • Financing: All Cash or Buyer to obtain new financing at Close of Escrow
Description:

Lone Star Plaza is a well-located, Walmart-anchored retail asset offering strong visibility, stable surrounding traffic generators, and a meaningful value-add opportunity. Positioned directly adjacent to a Walmart Supercenter and Lowe’s, the property benefits from significant daily consumer flow and one of the highest-traffic corridors in Texarkana.

The center totals approximately 12,238 SF across a diverse mix of service-based and soft-goods tenants, including Verizon, Cato, Great Clips, Jackson Hewitt, and others. With a 1.59-acre site and excellent access/ingress from Walton Drive, the property is well suited for long-term tenant retention and operational efficiency under its NNN lease structure.

Surrounding demographics support retail performance, with strong average household incomes and a regional consumer base that extends across both Texas and Arkansas. The immediate trade area’s big-box anchors ensure steady traffic counts approaching 48,000+ CPD, reinforcing the plaza’s long-term viability.

Map:
Documents:
Title
lonestarplaza.texarkana_PKG.pdf
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Location
Gallery