Texas Grocery-Anchored Mall | $2.1M NOI | CAP 14% - Business for Sale

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Grocery-Anchored Regional Mall in Texarkana, TX/AR

TX, US
Added 1 day ago
Retail Stores, E-Commerce, Business and Professional Services
48 years in business

A 340,000 square foot grocery-anchored regional mall with 80% occupancy and development rights located in Texarkana, TX/AR.

Key Information

Asking

$15.0M

Revenue

$3.8M

Earnings

$2.1M

Multiple

7.1x

Key Highlights

  • Net operating income (NOI): $2,100,000
  • CAP rate: 14%
  • 340,000 square feet gross leasable area on ~35 acres
  • 80% occupancy rate
  • 3,000+ surface parking spaces
  • Commercial zoning with development rights intact
  • Established 48 years ago

Contact Info

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