Income producing asset $2.1 M NOI | CAP 13% - Business for Sale
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Regional Shopping Mall with Development Rights in Texarkana, TX/AR
TX, US
Added 3 months ago
Income-producing retail property investment
48 years in business
Texarkana Mall is a 580,000 square foot regional retail property on approximately 40 acres at the Texas-Arkansas border, operating at 65% occupancy with income from national retailers and development rights for additional uses.
Key Information
Asking
$16.0M
Revenue
$3.8M
Earnings
$2.1M
Multiple
7.6x
Key Highlights
- Net operating income (NOI): $2,100,000
- Cap rate: ~13%
- Occupancy: 65%
- Gross leasable area: ~580,000 square feet on ~40 acres
- Years established: 48
- Parking: 3,000+ spaces
- Location: Texarkana, TX/AR
Contact Info
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