Industrial Properties
3636 New Boston Road Texarkana, TX 75501
Details & Description
Price: $1,335,000
    Wingert Real Estate Company and KW Commercial are pleased to offer for sale this single-tenant office/warehouse investment, located in Texarkana, TX. The property is currently leased as a corporate headquarters to C&W Industrial, Inc., which is a national electrical contractor serving some of the largest industrial/manufacturing companies throughout the United States.The facility is secured by a brand new, 5-year lease with approximately 3.5% annual increases, which provides an investor an attractive return on investment over the initial lease term. In addition, the current management team has continuously maintained its national contracting operations from Texarkana since the late 1990s and from this facility since 2016, providing an investor the added stability of purchasing a property leased to an established/long-term tenant.After acquiring the property in 2015, the current ownership invested upwards of $400,000 in a comprehensive office renovation. The renovation included upgraded offices, employee training center, conference rooms, breakroom and restrooms. In addition, all of the HVAC units were replaced and an energy management system was installed to reduce power consumption when office areas are not in use.
    Property Highlights
    Additional Photos
    Listing Agents
    Trenton Siskron
    KW Commercial
    O: 318-213-1555
    M: 713-865-1844
    tsiskron@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3636 New Boston Road

    Texarkana, TX 75501

    Listing ID: 272107
    • 3636 New Boston Road Texarkana, TX 75501 | for Sale | Photo 1
    • 3636 New Boston Road Texarkana, TX 75501 | for Sale | Photo 2
    • 3636 New Boston Road Texarkana, TX 75501 | for Sale | Photo 3
    • 3636 New Boston Road Texarkana, TX 75501 | for Sale | Photo 4
    3636 New Boston Road | for Sale | Thumbnail 1
    3636 New Boston Road | for Sale | Thumbnail 2
    3636 New Boston Road | for Sale | Thumbnail 3
    3636 New Boston Road | for Sale | Thumbnail 4
    Building Size: 15,540 SF
    Lot Size: 1.855 AC
    Land Size: 80,803 SF
    Building $/SF: $85.91
    Land $/SF: $16.52
    Price
    $1,335,000
    Property Highlights
    Attractive initial cap rate
    -3.5 annual rent increases
    Extensive office renovation in past 5 years
    EstablishedLong-term Texarkana-based operations
    HQ for national electrical contractor
    Fully heated and cooled facilities
    Stabilized and secured outside storage yard
    Desirable NW Texarkana location
    Description

    Wingert Real Estate Company and KW Commercial are pleased to offer for sale this single-tenant office/warehouse investment, located in Texarkana, TX. The property is currently leased as a corporate headquarters to C&W Industrial, Inc., which is a national electrical contractor serving some of the largest industrial/manufacturing companies throughout the United States.

    The facility is secured by a brand new, 5-year lease with approximately 3.5% annual increases, which provides an investor an attractive return on investment over the initial lease term. In addition, the current management team has continuously maintained its national contracting operations from Texarkana since the late 1990s and from this facility since 2016, providing an investor the added stability of purchasing a property leased to an established/long-term tenant.

    After acquiring the property in 2015, the current ownership invested upwards of $400,000 in a comprehensive office renovation. The renovation included upgraded offices, employee training center, conference rooms, breakroom and restrooms. In addition, all of the HVAC units were replaced and an energy management system was installed to reduce power consumption when office areas are not in use.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Shreveport History of Industrial Properties for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Texarkana Area Market Trends

    Listing Demographics for 3636 New Boston Road Texarkana, TX 75501

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,56639,00472,463
    Population Median Age343738
    Population by Age0-9 Yrs694 (15%)5800 (14%)10393 (14%)
    10-19 Yrs823 (18%)5125 (13%)9088 (12%)
    20-29 Yrs688 (15%)5603 (14%)10633 (14%)
    30-39 Yrs607 (13%)5600 (14%)9516 (13%)
    40-49 Yrs437 (9%)4083 (10%)8541 (11%)
    50-59 Yrs566 (12%)4747 (12%)8771 (12%)
    60-69 Yrs386 (8%)4182 (10%)7843 (10%)
    70+ Yrs365 (7%)3863 (9%)7678 (10%)
    Median HH Income$37,185$42,876$42,584
    Total Household Income< 24K577 (30%)4671 (30%)8537 (31%)
    25-49K801 (42%)3847 (25%)6833 (25%)
    50-74K225 (11%)2515 (16%)4386 (16%)
    75-99K165 (8%)1482 (9%)2724 (10%)
    100-199K110 (5%)2082 (13%)3800 (13%)
    200K+22 (1%)471 (3%)914 (3%)
    Highest Education LevelNo Diploma27628355652
    Diploma or GED1123832515970
    Some College759676012966
    Assoc. Degree25022613684
    Bachelors Degree25035746427
    Higher Degree10417303282
    Total Housing Units2,07117,72431,930
    --Owner-Occupied6157,61014,490
    --Renter-Occupied1,2867,45912,704
    Owner-Occupied Values< 100K31127825804
    100-199K28134505931
    200-299K1810191758
    300-399K5175467
    400-499K048190
    500K+0136341
    Total Working Age Population3,24729,84356,241
    In Work Force1,97717,20931,071
    Not In Work Force1,26912,63425,171
    Workforce Employed1,78415,97328,798
    Workforce Unemployed1941,2362,250
    Civlian Workforce1,97717,20931,048
    Military Workforce0023
    Total Households1,90115,06927,194
    Family Households1,1959,58517,501
    Non-Family Households7075,4849,692
    Married Couple5405,40010,197
    Other Family6554,1857,305
    Married w/Child2052,0463,740
    Single Male w/Child110467715
    Single Female w/Child3641,9923,509

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arkansas2,673,400+92,915,918+53,072,430+63,271,344
    Miller County40,443+743,462+344,623+446,397
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Bowie County89,306+492,565092,570-191,745

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3636 New Boston Road in Texarkana?
    The asking price for 3636 New Boston Road is $1,335,000
    What is the building size of this Industrial property in Texarkana, TX?
    The size of the building/unit at 3636 New Boston Road in Texarkana is 15,540 square feet
    How much land does the Texarkana, TX property at 3636 New Boston Road include?
    3636 New Boston Road in Texarkana includes 1.855 acres of land
    What kind of Industrial is the propery at 3636 New Boston Road?
    The property at 3636 New Boston Road Texarkana, TX 75501 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 3636 New Boston Road in Texarkana?
    The population within 1 mile of 3636 New Boston Road Texarkana, TX 75501 is 4,566 people.
    Who do I contact for questions about 3636 New Boston Road?
    You should contact the listing agent, Trenton Siskron , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1618 W 7th Street, Texarkana, TX $155,000 8456 -
    2700 E 9th St, Texarkana, AR $700,000 7405 2.93
    22700 Louisiana 1, Rodessa, LA CALL 7890 3.5
    815 Hislope Street, Shreveport, LA $450,000 9600 2
    1957 Motes Island Street, Shreveport, LA $250,000 9324 0.64
    1813 Barton Drive, Shreveport, LA $375,000 6685 2.02
    1550 Airport Drive, Shreveport, LA $495,000 4340 2
    750 Aero Drive, Shreveport, LA $1,800,000 12620 26
    1919 Benton Road, Bossier City, LA $1,400,000 18648 5.72
    301 Montgomery Street, Shreveport, LA $944,417 21057 1.21

    Closest Commercial Airports

    Airport Distance (mi)
    Fort Smith Regional Airport (FSM) 132
    Monroe Regional Airport (MLU) 135
    Bill & Hillary Clinton National Airport/Adams Field (LIT) 139