2406 Piedmont Pl
Wichita Falls, TX
Price:
$1,667,000
Cap Rate:
6.00%
NOI:
$100,000
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 0.74 Acres
Type:
Single-Tenant / Retail
Sub Category:
Retailer
Year Built:
2026
Investment Overview
- 2026 Construction. 510+/- SF Building on 0.74+/- Acre Site
- Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years in the Primary Term and Options
- Less than 0.5 Mile To Midwestern State University (5,300+ Students) – Approx. 5,324 Students, Record Freshman Classes in 2024 & 2025
- Premier Operator for 7 Brew Coffee – 7 Crew Enterprises is the 2nd Largest Operator for 7 Brew in the Country with 70+ Locations Open & Counting
- Near Sheppard Air Force Base ($734+ Million Economic Impact) – Supports More than 6,400 Direct Employees & 6,100+ Average Daily Students
- 7 Brew – Nation’s Fastest-Growing Drive-Thru Coffee Concept w/ 420+ Locations Across 34 States & has 4,000% Growth Since 2019
- Wichita Falls | Strategic North Texas Regional Hub Between Dallas & Oklahoma City | Population: 102,000+