2306 TEXAS BLVD

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2306 TEXAS BLVD

TEXARKANA, TX 75501-3861
Asking Price
$750K
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Vacant and ready for immediate occupancy | 22,047 SF <ul><li>​±22,047 SF total building area</li><li>​Excellent visibility on Texas Boulevard</li><li>​Traffic count: ±8,765 vehicles per day</li><li>​Two (2) reception/showroom areas</li><li>​Five to six (5–6) private offices</li><li>​Approximately three (3) restrooms</li><li>​Multiple overhead doors</li><li>​Functional layout for automotive, service retail, or industrial use</li><li>​Ample on-site parking in front of building</li><li>​Owner financing available</li><li>​Can lease for $10,000 per mon

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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