Unanchored Neighborhood Strip Center |The Jefferson… — Sale in Texarkana, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Texarkana, AR 71854

Photos

Unanchored Neighborhood Strip Center |The Jefferson… — Sale in Texarkana, AR, photo 1 of 2
Unanchored Neighborhood Strip Center |The Jefferson… — Sale in Texarkana, AR, photo 2 of 2

Investment Figures

Cap rate
9.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 4011-4083 Jefferson Avenue, Texarkana, Arkansas. This neighborhood retail strip center was originally constructed in 1984 and extensively renovated in 2012. The property encompasses approximately 30,662 square feet of leasable space and is situated on a 3.08-acre parcel, providing ample parking and convenient access for customers. The property is currently 100 percent occupied by a diverse tenant mix, primarily operating under triple and double net lease structures, with one tenant on a gross lease. Notably, five tenants have established long-term occupancy, providing stability and continuity to the income stream. Positioned along Jefferson Avenue, the center benefits from its location on a well-trafficked neighborhood commercial corridor supported by a strong concentration of surrounding amenities and convenient access to major transportation routes. The corridor features a variety of daily-needs retail, medical, and service-oriented businesses that serve the immediate residential population, generating consistent consumer traffic throughout the day. Proximity to key community anchors, including Texarkana Arkansas School District and Arkansas High School, further contributes to the steady flow of activity, driven by students, faculty, and visitors. Nearby amenities such as grocery stores, quick-service restaurants, financial institutions, and healthcare providers reinforce the area’s role as a convenient hub for everyday services. Additionally, Jefferson Avenue offers excellent connectivity to major regional thoroughfares, including Interstate 30 and Interstate 49, which provide direct access to surrounding communities and the broader Ark-La-Tex region. This accessibility enhances the property’s appeal to both residents and commuting populations. Overall, the combination of strong neighborhood demographics, proximity to essential services, and strategic highway access positions this location as a stable and service-oriented

Market Context

This retail in Texarkana, AR is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Texarkana, AR — view the full market.

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