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Premiere Corp. Campus | Bowie County, TX 2 Office Properties Online Auction Sale Texarkana, TX
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- State-of-the-art office/medical campus with distinct design and networking features sitting on a 7.54-acre lot with ample room for future expansion.
- Near household name amenities, including Walmart Supercenter, Albertsons, CVS, Starbucks, Whataburger, Tropical Smoothie Café, Wingstop, and more.
- Excellent connectivity, with immediate access to Highway 71, convenient proximity to both Interstate 30 and 49, and abundant parking on-site.
- Strong office leasing environment, with 5.3% vacancies, 1.6% YOY rent growth, and no competing inventory currently under construction in the market.
EXECUTIVE SUMMARY
Texarkana Synergy offers a state-of-the-art office/medical campus with significant value-add potential at 4800 & 4802 Texas Boulevard. Delivered vacant with distinct design and networking features, there is a robust lease upside for investors, while growing businesses can occupy a portion of the facility and lease the remaining spaces to offset costs.
Spanning a total of 77,732 square feet, Texarkana Synergy was delivered in stages between 1965 and 1989. Suites at the property boast flexible layouts for a variety of configurations, with private offices, conference rooms, break areas, and dedicated lab space. The property’s contemporary features make it the perfect choice for medical offices, bio-technology companies, R&D firms, and more. Comprising an expansive 7.54-acre lot, the campus offers an idyllic, park-like environment that is meticulously landscaped with mature trees. The site currently provides abundant surface parking for employees and visitors, but can easily accommodate a number of versatile expansion projects.
Strategically placed just off the signalized intersection of Texas Boulevard and Highway 71, Texarkana Synergy enjoys prime placement along the city’s primary north-south throughfare connecting downtown with Interstate 30. The location sits just 1 mile from Interstate 30, and just 2 miles from Interstate 49, allowing simplified logistics and shortening commutes for employees. Nearby, Highway 71 offers a vibrant retail corridor, allowing immediate access to quality amenities, including household name shopping and dining brands such as Walmart Supercenter, Albertsons, CVS, Starbucks, Whataburger, Tropical Smoothie Café, Wingstop, and more.
Whether an investor or partial occupant, a new owner’s leasing efforts will be empowered by the strong fundamentals in the Texarkana Office Market. Currently, the market displays vacancies of just 5.3%, while rents have continued to climb 1.6% during the past 12 months. No new office space is currently under construction in the market, highlighting the appeal of well-maintained modern facilities such as Texarkana Synergy. The surrounding area within 5 miles of the facility demonstrates consistent population growth and provides a dependable workforce of more than 49,000, supporting simplified growth and expansion.
Seize a turnkey office/medical facility with well-maintained modern features, excellent connectivity to the greater region, and ample room for expansion with the versatile corporate campus at 4800 & 4802 Texas Boulevard, Texarkana Synergy.
Property tours are by appointment only. Please contact the listing broker to schedule.
Spanning a total of 77,732 square feet, Texarkana Synergy was delivered in stages between 1965 and 1989. Suites at the property boast flexible layouts for a variety of configurations, with private offices, conference rooms, break areas, and dedicated lab space. The property’s contemporary features make it the perfect choice for medical offices, bio-technology companies, R&D firms, and more. Comprising an expansive 7.54-acre lot, the campus offers an idyllic, park-like environment that is meticulously landscaped with mature trees. The site currently provides abundant surface parking for employees and visitors, but can easily accommodate a number of versatile expansion projects.
Strategically placed just off the signalized intersection of Texas Boulevard and Highway 71, Texarkana Synergy enjoys prime placement along the city’s primary north-south throughfare connecting downtown with Interstate 30. The location sits just 1 mile from Interstate 30, and just 2 miles from Interstate 49, allowing simplified logistics and shortening commutes for employees. Nearby, Highway 71 offers a vibrant retail corridor, allowing immediate access to quality amenities, including household name shopping and dining brands such as Walmart Supercenter, Albertsons, CVS, Starbucks, Whataburger, Tropical Smoothie Café, Wingstop, and more.
Whether an investor or partial occupant, a new owner’s leasing efforts will be empowered by the strong fundamentals in the Texarkana Office Market. Currently, the market displays vacancies of just 5.3%, while rents have continued to climb 1.6% during the past 12 months. No new office space is currently under construction in the market, highlighting the appeal of well-maintained modern facilities such as Texarkana Synergy. The surrounding area within 5 miles of the facility demonstrates consistent population growth and provides a dependable workforce of more than 49,000, supporting simplified growth and expansion.
Seize a turnkey office/medical facility with well-maintained modern features, excellent connectivity to the greater region, and ample room for expansion with the versatile corporate campus at 4800 & 4802 Texas Boulevard, Texarkana Synergy.
Property tours are by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOURS
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DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
PROPERTY FACTS
| Sale Condition | Auction Sale | Number of Properties | 2 |
| Type of Ownership | Fee Simple | Total Building Size | 77,732 SF |
| Sale Type | Investment | Total Land Area | 7.54 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Building Size | 77,732 SF |
| Total Land Area | 7.54 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
| 4802 Texas Blvd, Texarkana, TX 75503 | Office | 61,004 SF | 1965 |
| 4800 Texas Blvd, Texarkana, TX 75503 | Office | 16,728 SF | 2000 |
SALE ADVISOR
SALE ADVISOR
Steven Harvey, Broker / Owner
Steven is Broker / Owner of NAI American Realty with over 12 years of real estate experience and over 20 years of commercial construction experience. Steven couples his extensive knowledge with his single point of contact service which results in one on one detailed service from start to finish.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Casey Harrell
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Premiere Corp. Campus | Bowie County, TX
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