Freestanding Building on Kell
4330 Kell W Blvd Wichita Falls, TX
4330 Kell W Blvd, Wichita Falls, TX, 00000
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For Sale
Contact for pricing
Freestanding building with equipment, high visibility, and private parking.
Property Size6,531 SF
Lot Size1.81 Acres
Price / SF$375.13
Days on Market285
Property Features for 4330 Kell W Blvd
General Information
- Standard status
- Active
- Size
- 6,531 SF
- Lot size
- 1.81 Acres
- Property subtype
- RETAIL
Listing Agency
KW Commercial | Central California
(559) 302-8698
Listed by
Kevin Land · License #01516541
(559) 359-4035
Source
Moodyscre
Added: Oct 7, 2025 Checked: Jul 17 at 5:50 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Central California
Investment Insights
Based on property information with market context.
This freestanding building, formerly a restaurant, is located in a densely populated trade area with high walkability. Situated in the primary retail and restaurant corridor, the property benefits from a superior location with limited competition and close proximity to major traffic generators and freeway ramps. The property features a private, lit parking lot, street parking, and high visibility on Kell West Boulevard. The building is currently producing $168,000 in annual rental income. The property includes all equipment and has a functional floorplan, quality roof, and working HVAC units. This property presents an owner-user or investment opportunity with great potential.
Key Highlights
- Absolute‑net lease with zero landlord responsibility
- Currently producing $168,000 annual rental income
- Superior location with limited competition in a strategic trade area
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.2k | $20.40 |
| − Vacancy | −$10.7k | −$1.63 |
| EGI | $122.6k | $18.77 |
| − OpEx | −$30.6k | −$4.69 |
| NOI | $91.9k | $14.08 |
6,531 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,930 @ 7.0% cap · market cap 3.75%
Second Best
Retail
$1.05M
$922.7K – $1.23M
NOI $73,815 @ 7.0% cap · market cap 3.01%
Theoretical Best
Warehouse
$7.79M
$6.82M – $9.09M
NOI $545,603 @ 7.0% cap · market cap 22.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Johnny Carino's
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Firehouse Subs Quail Creek Crossing — 3201 Lawrence Rd Ste 536, Wichita Falls, TX 76308
- Red Barn Butchers, LLC — 3909 Kell E Blvd ste a, Wichita Falls, TX 76308
FAQs
What type of property is this?
Restaurant - Freestanding building with equipment, high visibility, and private parking.
Where is this restaurant located?
The property is located at 4330 Kell W Blvd Wichita Falls, TX.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Absolute‑net lease with zero landlord responsibility; Currently producing $168,000 annual rental income; Superior location with limited competition in a strategic trade area
