2730 Southwest Pkwy
Wichita Falls, TX
Price:
$1,875,000
Cap Rate:
6.00%
NOI:
$112,500
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 0.47 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 510+/- SF Building on 0.47+/- Acre Site
- Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
- Hard Corner Signalized Location: On the Major Intersection of Southwest Pkwy & Kemp Blvd (48,600+ Combined VPD)
- Affluent Area | 1 and 3 Mile Radius of Average HH Income is Over $90,000
- Less than 1 Mile from Sikes Senter Mall | 670,000 Sqft and is the Only Mall in a 100 Mile Radius of Wichita Falls
- 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
- Odessa | #12 Best Place to Retire in America | Population: 102,560+