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Shopping Strip

The Jefferson Avenue Marketplace

4011-4083 Jefferson Ave, Texarkana, AR, Texarkana, AR 71854

Listing Price: $3,118,000

Cap Rate
9.00%
Gross SF
30,662
Rentable SF
30,662
Price/Gross SF
$101.69
Lot Size
3.08 acres
Year Built
1984

Investment Overview

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 retail destination within the Texarkana market.

Investment Highlights

  • 100 Percent Occupied, 30,662-Square-Foot Neighborhood Retail Center
  • Extensively Renovated in 2012 with New Roof, HVAC, Plumbing and Electrical Systems
  • Diversified Mix of Medical, Retail and Service Tenants
  • Long-Term Tenant History with Embedded Upside Through Future Lease Rollovers
  • Surrounded by Walmart, Lowe's, Chick-fil-A, CVS, Sonic, Tractor Supply, Starbucks and Numerous National Retailers
  • Excellent Visibility Along Jefferson Avenue with Convenient Access to Interstate 30 and Interstate 49
  • Minutes from CHRISTUS St. Michael, Wadley Regional Medical Center and Major Employers

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Shopping Strip

The Jefferson Avenue Marketplace

Listing Price: $3,118,000

Cap Rate
9.00%
Gross SF
30,662
Rentable SF
30,662
Price/Gross SF
$101.69
Lot Size
3.08 acres
Year Built
1984

Investment Highlights

  • 100 Percent Occupied, 30,662-Square-Foot Neighborhood Retail Center
  • Extensively Renovated in 2012 with New Roof, HVAC, Plumbing and Electrical Systems
  • Diversified Mix of Medical, Retail and Service Tenants
  • Long-Term Tenant History with Embedded Upside Through Future Lease Rollovers
  • Surrounded by Walmart, Lowe's, Chick-fil-A, CVS, Sonic, Tractor Supply, Starbucks and Numerous National Retailers
  • Excellent Visibility Along Jefferson Avenue with Convenient Access to Interstate 30 and Interstate 49
  • Minutes from CHRISTUS St. Michael, Wadley Regional Medical Center and Major Employers

Investment Overview

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 retail destination within the Texarkana market.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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