BRAND NEW 5 YEAR LEASE – The tenant has just renewed their lease for another 5 years with an additional 5-year option, with a 6.25% increase in the option period.
ATTRACTIVE 8.25% CAP RATE – A competitive cap rate provides investors with a solid return on investment in a high-demand market.
STABLE NATIONAL TENANT – Wines ‘Til Sold Out, a well-established national brand, has been operating at this property since 2016, demonstrating commitment to the location.
PRIME LOCATION – The subject property is located within a few blocks of the Texarkana College, a top community college in Texas. Major surrounding tenants include Walmart Supercenter, Lowes, Home Depot, Exxon, Family Dollar, Dollar Tree, Academy Sports and Outdoors, Target, Kohl’s and many more.