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Shopping Strip

New Boston Walmart Shadow Center

940 James Bowie Dr, New Boston, TX 75570

Listing Price: $2,600,000

Cap Rate
7.56%
Gross SF
13,997
Rentable SF
13,997
Price/Gross SF
$185.75
Lot Size
1.29 acres
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to exclusively list New Boston Walmart Shadow Center in New Boston, TX. New Boston Walmart Shadow Center is a 13,997 square foot shopping center, built in 2008, that is shadow anchored by a Walmart Supercenter. The property is situated off Interstate-30 and North McCoy Boulevard, twenty miles west of Texarkana. The shopping center is 100 percent occupied with its tenants on NNN leases. The tenants’ leases are staggered with an average of three years remaining of lease term. The property features a mix of national, regional, and local internet-resistant tenants including: Domino’s, Cato Fashions, and Anytime Fitness. The subject property offers an investor a year one CAP rate of 7.56 percent and a cash-on-cash return of 10.44 percent with proposed debt service.

Investment Highlights

  • 13,997 Square Foot Walmart Shadow Anchored Shopping Center
  • 100 % Occupied
  • Tenants On Triple Net Leases
  • New Boston is 20 Miles West of Texarkana, Texas

Exclusively Listed By

Shopping Strip

New Boston Walmart Shadow Center

Listing Price: $2,600,000

Cap Rate
7.56%
Gross SF
13,997
Rentable SF
13,997
Price/Gross SF
$185.75
Lot Size
1.29 acres
Year Built
2008

Investment Highlights

  • 13,997 Square Foot Walmart Shadow Anchored Shopping Center
  • 100 % Occupied
  • Tenants On Triple Net Leases
  • New Boston is 20 Miles West of Texarkana, Texas

Investment Overview

Marcus & Millichap is pleased to exclusively list New Boston Walmart Shadow Center in New Boston, TX. New Boston Walmart Shadow Center is a 13,997 square foot shopping center, built in 2008, that is shadow anchored by a Walmart Supercenter. The property is situated off Interstate-30 and North McCoy Boulevard, twenty miles west of Texarkana. The shopping center is 100 percent occupied with its tenants on NNN leases. The tenants’ leases are staggered with an average of three years remaining of lease term. The property features a mix of national, regional, and local internet-resistant tenants including: Domino’s, Cato Fashions, and Anytime Fitness. The subject property offers an investor a year one CAP rate of 7.56 percent and a cash-on-cash return of 10.44 percent with proposed debt service.

Exclusively Listed By

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