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2324 N State Line Ave
Texarkana, AR 71854

$1,342,452 USD

Service Station For Sale  •  2,524 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,524 SF
  • Lot Size 0.35 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 7.75 %
  • Tenancy Single
0 Transit Score
68 Walk Score

Highlights

Corporate guaranteed Absolute Triple Net (NNN) investment with approximately 18 years remaining on the lease.
Recently renovated, featuring new gas pumps, a new canopy, and upgraded signage reflecting modern Phillips 66 branding.
Prime location in the heart of Texarkana, strategically positioned for optimal accessibility and convenience.
High-traffic area, located off State Line Avenue, which sees approximately 22,000 VPD, enhancing visibility and customer access.
Surrounded by national tenants, including Walmart, Sonic, Starbucks, Pizza Hut, and more, driving significant foot traffic to the area.
Proximity to key amenities, situated within a mile of numerous hospitality options, CHRISTUS Health facilities, and Texarkana Regional Airport.
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Phillips 66 2,524 SF 1/31/2044

Public Transportation

Commuter RailDriveWalkDistance
Texarkana Amtrak Station (Texas Eagle - Amtrak) 4 min - 1.8 mi
AirportDriveWalkDistance
Texarkana Regional-Webb Field 11 min - 4.4 mi
John Brown 843-620-7762 Sands Investment Group
John Brown 843-620-7762 Sands Investment Group