2603 Texas BlvdTexarkana, TX 75503

For Sale
$1,000,000

Prime Texarkana Office Space - 21,344 SF

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional investment opportunity presents a multi-tenant executive office complex located at 2603 Texas Boulevard in Texarkana, Texas. The property boasts a total of 21,344 square feet across three single-story buildings, situated on a 1.49-acre lot. Currently operating at 87% occupancy, this Class B office space offers a compelling return on investment with an asking price of $1,000,000 ($46.85/sq ft). The property is zoned for office use and features on-site management, simplifying operations. Tenants benefit from included utilities and twice-weekly janitorial service, enhancing the overall value proposition. The leasing office provides convenient mail and package delivery services. Leases are structured on a gross basis, with the current lease period commencing January 6, 2023, and expiring December 30, 2023. Strategically located in the heart of Texarkana, between the downtown area and the burgeoning I-30 corridor, this property enjoys excellent visibility and accessibility. This is an ideal opportunity for investors seeking a well-maintained, multi-tenant office complex in a thriving Texas market. The property's strong occupancy rate and comprehensive amenities make it an attractive investment with significant potential for future growth.

Highlights

  • Multi-tenant executive office complex totaling 21,344 square feet on a 1.49-acre lot in Texarkana, TX.
  • Currently 87% occupied, offering a strong return on investment.
  • Asking price: $1,000,000 ($46.85/sq ft).
  • Class B office space with on-site management, included utilities, and twice-weekly janitorial service.
  • Gross leases; current lease expires December 30, 2023.
  • Excellent location in Texarkana, offering high visibility and accessibility.

Property Details for 2603 Texas Blvd

Property type
Other office properties, Office properties
Square Feet
21,344 SF
Class
B
Buildings
3
Stories
1
Lot Size (sq. ft)
64,904 SF

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.4417951
Longitude
-94.0539369
2603 Texas Blvd, Texarkana, Texas

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2603 Texas Blvd
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