Hot Listing
Cash-Flowing Mall in Texas | 10.8% Cap | Expandable NOI | $17M Ask
Business Description
Value-Add Mall Opportunity | 461,000 SF | 14.2% Pro Forma Cap
Texas Mall – 45 Acre Retail Asset with Upside | $1.8M+ NOI | $17M Ask
70% Occupied | 461,000 SF GLA | 3,424 Parking Spaces
Key Highlights:
Gross Leasable Area: 461,000 SF
Parking: 3,424 spaces
Land: Approx. 45 Acres
Occupancy: ~70%
Current NOI: $1.8M/year current
Projected NOI (Jan 2026): $2,080,000M/year
Asking Price: $17,000,000
Current Cap Rate: ~10.8%
Projected Cap Rate (Jan): ~12.25%
Texas Broker of Record Solutions, Inc. Firm License: #9014506 Alex Everest Broker License: #818858
70% Occupied | 461,000 SF GLA | 3,424 Parking Spaces
Key Highlights:
Gross Leasable Area: 461,000 SF
Parking: 3,424 spaces
Land: Approx. 45 Acres
Occupancy: ~70%
Current NOI: $1.8M/year current
Projected NOI (Jan 2026): $2,080,000M/year
Asking Price: $17,000,000
Current Cap Rate: ~10.8%
Projected Cap Rate (Jan): ~12.25%
Texas Broker of Record Solutions, Inc. Firm License: #9014506 Alex Everest Broker License: #818858
About the Business
- Years in Operation
- 47
- Number of Employees
- 10
- Facilities & Assets
- Spanning 461,000 SF on 45 acres, Texarkana Mall offers 3,424 parking spaces, multiple national tenants, and a strong anchor mix. Currently 70% occupied with $1,831,000 NOI ($2.08M Jan 2026), this retail investment property is ideal for value-add investors, redevelopment, or adaptive reuse including mixed-use. Prime location, income-producing, and zoned for commercial use.
- Market Outlook / Competition
- Texarkana Mall serves a strong regional trade area at the TX-AR border with limited competition in a 50+ mile radius. Surrounded by national retailers, medical centers, and highways, it attracts steady foot traffic. High demand for large-format retail, adaptive reuse, and commercial redevelopment makes this an ideal investment in a stable, growing market
- Opportunities for Growth
- With 70% occupancy and $2.08M projected NOI, this Mall offers major upside through lease-up, re-tenanting, or redevelopment. Ideal for retail repositioning, development, or adaptive reuse. High visibility, strong trade area, and flexible zoning make this a prime value-add commercial real estate investment
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- repositioning
- Transition Support
- Seller will provide transitional support.
Listing Info
- ID
- 2398834
- Listing Views
- 818
Listing ID: 2398834 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.