2603 Texas BlvdTexarkana, TX 75503

Property Details for 2603 Texas Blvd

Lot size

1.49 AC

Property size (Sq ft)

21,344 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Texarkana

County

Bowie

State

Texas

Latitude

33.4418

Longitude

-94.0539

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