5320 SOUTHWEST PARKWAY Wichita Falls, TX 76310
COMMERCIAL - Wichita Falls, TX
Property Features for 5320 SOUTHWEST PARKWAY
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.48 Acres
Listing agent RODD WOMBLE License #0290048 (940) 733-2279
Listing office DOMAIN REAL ESTATE SERVICES INC 2601 HARRISON STE 200, Wichita Falls, TX (940) 767-5060
Listing date Jun 11, 2026
Copyright © 2026 Wichita Falls Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
According to the lease information provided, there are three years and five months remaining, along with two additional renewal options for five years each. The lease is currently described as $1,900 per month plus NNN. The property is located across from WFISD sports complexes, schools, and a new home growth area.
Key Highlights
- Approximately 2,400 SF building and 0.48 AC land
- Fully operational DK convenience and gas store
- Lease has 3 years 5 months remaining, with 2 renewal options for 5 years each
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 | $49.0k | $20.40 |
| − Vacancy | −$3.9k | −$1.63 |
| EGI | $45.0k | $18.77 |
| − OpEx | −$11.3k | −$4.69 |
| NOI | $33.8k | $14.08 |
