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3110 Midwestern Pky

4,000 SF 100% Leased Retail Building Wichita Falls, TX 76308 $1,250,000 ($313/SF) 7.49% Cap Rate

Retail Space Texas Wichita Falls 3110 Midwestern Pky, Wichita Falls, TX 76308

Investment Highlights

  • Fully occupied
  • National tenants such as Walmart, Target, and Home Depot within a 2-mile radius
  • Easy access to major highways

Executive Summary

This 4,000 sq. ft. retail center is a fully leased investment opportunity located on highly-trafficked Northwestern Parkway. Strategically positioned, this property benefits from a robust tenant mix and strong foot traffic. The property is surrounded by a dynamic retail environment, including national tenants such as Walmart, Target, and Home Depot within a 2-mile radius. Local dining options, grocery stores, and service-based businesses add to the area's high consumer draw. The proximity to Midwestern State University and nearby residential neighborhoods further drives customer engagement.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
4,000 SF
Building Class
C
Year Built
2012
Price
$1,250,000
Price Per SF
$313
Cap Rate
7.49%
NOI
$93,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Land Acres
0.24 AC
Zoning
Retail
Frontage
155 FT on Midwester Pky

Amenities

  • Signage
1 of 1
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Chili's Grill & Bar
Olive Garden
Ribcrib
Taco Casa
Cotton Patch Café
First Bank
Chase Bank
Red Robin
On The Border Mexican Grill
Starbucks

PROPERTY TAXES

Parcel Number 147105 Improvements Assessment $127,773
Land Assessment $333,227 Total Assessment $461,000

PROPERTY TAXES

Parcel Number
147105
Land Assessment
$333,227
Improvements Assessment
$127,773
Total Assessment
$461,000
(432) 978-4298

  • Listing ID: 33923577

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 3110 Midwestern Pky, Wichita Falls, TX 76308

More public record information on 3110 Midwestern Pky, Wichita Falls, TX 76308

The Retail Property at 3110 Midwestern Pky, Wichita Falls, TX 76308 is currently available For Sale. Contact Keller Williams Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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3110 Midwestern Pky
(432) 978-4298 x

3110 Midwestern Pky

Cameron Willmann

(432) 978-4298

(432) 978-4298

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