4101 Gibson Ln | Texarkana, TX 75503
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- LoopNet Team
4101 Gibson Ln
Texarkana, TX 75503
Kohl's - 6.25% CAP - Home Depot Adjacent · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Just under 6.5 years remaining on the lease - 6, 5-year options with increases.
- Adjacent to new 400,000 square foot $227M medical center development.
- Investment grade guarantor – “BBB-” Standard & Poor’s rating.
- Double-Net (NN) lease structure – limited landlord responsibilities.
- Close to high-traffic US HWY 59 and I-30.
- Large 7.15 acre lot - 88,649 SF building – located in primary retail corridor | nearby retailers – Home Depot, Target, Best Buy.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
88,649 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
7.15 AC
Zoning
Commercial
Parking
462 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
685’ on Gibson Lane
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 83986 | Improvements Assessment | $5,256,600 |
| Land Assessment | $1,557,000 | Total Assessment | $6,813,600 |
PROPERTY TAXES
Parcel Number
83986
Land Assessment
$1,557,000
Improvements Assessment
$5,256,600
Total Assessment
$6,813,600
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