Net Lease

Southern Tire Mart

6010 North State Line, Texarkana, AR 71854

Listing Price: $849,619

Cap Rate
9.00%
Gross SF
20,940
Price/Gross SF
$40.57
Lot Size
3.55 acres
Year Built
2003
Rentable SF
20,940

Investment Overview

Marcus & Millichap is pleased to present this Southern Tire Mart facility located in Texarkana, Arkansas. The subject property is a 14,700-square-foot facility sitting on 1.65 acres located off Interstate 30 on North State Line. Also included in this investment are two adjacent parcels of 1.90 acres and a vacant 6,240-square-foot building. The tenant uses portions of these adjacent parcels for outdoor storage. This is an established Southern Tire Mart location, with 20 years of operation as a commercial tire facility. There are two and one-half years remaining on the lease, as well as four, five-year options to renew.

Southern Tire Mart is the largest commercial tire dealer in North America. It offers tires for buses, emergency services, local delivery, long haul, mixed services, regional, RV, and utility vehicle applications. It provides powder coat rim and wheel refurbishing, tire and wheel balancing, mounted wheel programs, truck alignment, and fleet inspection services. It also provides fleet repair services. The company was founded in 1973 and is based in Columbia, Mississippi with additional locations in the United States.

The Texarkana Metropolitan Statistical Area (MSA) is a two-county region comprising the twin cities of Texarkana, Texas and Texarkana, Arkansas, and encompassing the surrounding communities of Bowie County, Texas and Miller County, Arkansas. Situated at the junction of several major interstates, Texarkana provides convenient access to key markets from the Midwest to the Gulf Coast while offering abundant natural resources, lower costs and a higher quality of life than can be found in crowded urban markets.

With its exceptional infrastructure, dedicated workforce and high quality of life, Texarkana is a place where both commerce and community thrive. Its strategic location offers unparalleled access to the heartland of America with direct access to major cities such as Dallas, Oklahoma City, Little Rock and Memphis.

Investment Highlights

  • Strong Growing Tenant
  • Largest Commercial Tire Dealer in North America
  • Over 20 Years of Operating History
  • Value-Add Opportunity
  • Additional Expansion Space Available

Exclusively Listed By

Listing Price: $849,619

Cap Rate
9.00%
Gross SF
20,940
Price/Gross SF
$40.57
Lot Size
3.55 acres
Year Built
2003
Rentable SF
20,940

Investment Highlights

  • Strong Growing Tenant
  • Largest Commercial Tire Dealer in North America
  • Over 20 Years of Operating History
  • Value-Add Opportunity
  • Additional Expansion Space Available

Investment Overview

Marcus & Millichap is pleased to present this Southern Tire Mart facility located in Texarkana, Arkansas. The subject property is a 14,700-square-foot facility sitting on 1.65 acres located off Interstate 30 on North State Line. Also included in this investment are two adjacent parcels of 1.90 acres and a vacant 6,240-square-foot building. The tenant uses portions of these adjacent parcels for outdoor storage. This is an established Southern Tire Mart location, with 20 years of operation as a commercial tire facility. There are two and one-half years remaining on the lease, as well as four, five-year options to renew.

Southern Tire Mart is the largest commercial tire dealer in North America. It offers tires for buses, emergency services, local delivery, long haul, mixed services, regional, RV, and utility vehicle applications. It provides powder coat rim and wheel refurbishing, tire and wheel balancing, mounted wheel programs, truck alignment, and fleet inspection services. It also provides fleet repair services. The company was founded in 1973 and is based in Columbia, Mississippi with additional locations in the United States.

The Texarkana Metropolitan Statistical Area (MSA) is a two-county region comprising the twin cities of Texarkana, Texas and Texarkana, Arkansas, and encompassing the surrounding communities of Bowie County, Texas and Miller County, Arkansas. Situated at the junction of several major interstates, Texarkana provides convenient access to key markets from the Midwest to the Gulf Coast while offering abundant natural resources, lower costs and a higher quality of life than can be found in crowded urban markets.

With its exceptional infrastructure, dedicated workforce and high quality of life, Texarkana is a place where both commerce and community thrive. Its strategic location offers unparalleled access to the heartland of America with direct access to major cities such as Dallas, Oklahoma City, Little Rock and Memphis.

Exclusively Listed By

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