High-Yield Regional Mall $2.1 M NOI | CAP 13%
Business Description
Transform Your Investment Portfolio with This High-Yield Regional Mall Opportunity
Generate immediate cash flow of $2.1 million annually while positioning yourself for exponential growth in one of the Mid-South's most undervalued markets. This 580,000 square foot regional mall delivers a compelling 13% cap rate with substantial upside potential through strategic lease-up and re-tenanting initiatives.
Your Investment Advantages:
• Secure Immediate Returns: Lock in $2.1M NOI from day one with established anchor tenants driving consistent traffic and revenue
• Maximize Value Creation: Transform 30% vacancy into profit centers through targeted leasing, potentially doubling current NOI
• Diversify Revenue Streams: Leverage development rights to add hotel and multifamily components, creating multiple income sources
• Capitalize on Market Scarcity: Dominate a 50+ mile trade area with limited competitive supply, ensuring sustained demand
• Minimize Risk Exposure: Acquire at $26 per square foot versus $100-150 replacement cost, providing built-in equity protection
Strategic Growth Opportunities:
Redevelop underutilized space into high-demand mixed-use components including residential units, hospitality, and medical facilities. The expansive 40-acre site with 3,000+ parking spaces provides unlimited flexibility for phased development without disrupting existing cash flow.
Market Position:
Position yourself as the dominant retail destination serving Texarkana's growing population base. Major highway access ensures regional draw while national retailers and medical centers provide stable economic anchors.
Financial Structure:
At $16M acquisition cost, achieve 2.1x debt service coverage with 70% financing, allowing you to leverage institutional capital while maintaining strong cash-on-cash returns. The significant discount to replacement cost provides immediate equity upside.
This opportunity combines the stability of established cash flow with the growth potential of value-add redevelopment, delivering both current income and long-term wealth building in a single acquisition.
Generate immediate cash flow of $2.1 million annually while positioning yourself for exponential growth in one of the Mid-South's most undervalued markets. This 580,000 square foot regional mall delivers a compelling 13% cap rate with substantial upside potential through strategic lease-up and re-tenanting initiatives.
Your Investment Advantages:
• Secure Immediate Returns: Lock in $2.1M NOI from day one with established anchor tenants driving consistent traffic and revenue
• Maximize Value Creation: Transform 30% vacancy into profit centers through targeted leasing, potentially doubling current NOI
• Diversify Revenue Streams: Leverage development rights to add hotel and multifamily components, creating multiple income sources
• Capitalize on Market Scarcity: Dominate a 50+ mile trade area with limited competitive supply, ensuring sustained demand
• Minimize Risk Exposure: Acquire at $26 per square foot versus $100-150 replacement cost, providing built-in equity protection
Strategic Growth Opportunities:
Redevelop underutilized space into high-demand mixed-use components including residential units, hospitality, and medical facilities. The expansive 40-acre site with 3,000+ parking spaces provides unlimited flexibility for phased development without disrupting existing cash flow.
Market Position:
Position yourself as the dominant retail destination serving Texarkana's growing population base. Major highway access ensures regional draw while national retailers and medical centers provide stable economic anchors.
Financial Structure:
At $16M acquisition cost, achieve 2.1x debt service coverage with 70% financing, allowing you to leverage institutional capital while maintaining strong cash-on-cash returns. The significant discount to replacement cost provides immediate equity upside.
This opportunity combines the stability of established cash flow with the growth potential of value-add redevelopment, delivering both current income and long-term wealth building in a single acquisition.
About the Business
- Years in Operation
- 48
- Employees
- 11 (3 Full-time, 3 Part-time, 5 Contractors)
- Facilities & Assets
- Asset Type: regional mall | Income-producing retail property
Size: ~580,000 SF GLA | ~40 acres
NOI: $2.1 M current | significant upside through lease-up and re-tenanting
Occupancy: 70% — stabilized with value-add runway
Parking: 3,000+ spaces — ideal for large-format redevelopment or phased conversion
Zoning: Commercial | Development rights intact - Market Outlook / Competition
- Location: Texarkana, TX/AR — 50+ mile trade area with limited competitive supply
Trade Area: National retailers, medical centers, major highway access, regional employment base, new data center broke ground, bringing work force and additional population.Texarkana Mall commands the primary regional trade area at the TX-AR border, with no comparable competing enclosed mall within a 50+ mile radius. The surrounding ecosystem — national retail corridors, established medical infrastructure, and major highway interchange access — supports sustained consumer traffic regardless of conversion timeline.
This is not a distressed exit. It is a strategic repositioning play with current income, a stable anchor tenant mix, and a market position that rewards patient, sophisticated capital. - Opportunities for Growth
- Texarkana Mall commands the primary regional trade area at the TX-AR border, with no comparable competing enclosed mall within a 50+ mile radius. The surrounding ecosystem — national retail corridors, established medical infrastructure, and major highway interchange access — supports sustained consumer traffic regardless of conversion timeline.
This is not a distressed exit. It is a strategic repositioning play with current income, a stable anchor tenant mix, and a market position that rewards patient, sophisticated capital.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 580,000
About the Sale
- Seller Motivation
- repositioning of portfolio
- Transition Support
- Staff ready to stay on
Listing Info
- ID
- 2502585
- Listing Views
- 845
Listing ID: 2502585 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.
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