Lone Star Plaza Texarkana, Tx
$2,681,000
404 Walton Drive, Texarkana, TX 75501
7
Cap Rate
187,686
NOI
Details:
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.
Documents:
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lonestarplaza.texarkana_PKG.pdf
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Location
Gallery