Convenience Store & Gas
For Sale
Contact for pricing
5320 SOUTHWEST PKWY, Wichita Falls, TX 76310
Leased convenience and gas store with remaining lease term and renewal options, offered as a for-sale building and land package.
Property Size2,400 SF
Lot Size0.48 Acres
Price / SF$187.50
Days on Market55
Property Features for 5320 SOUTHWEST PKWY
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.48 Acres
Property subtype
Retail
Building Details
Year Built
1974
Listing Agency:
Domain Real Estate Services Inc
(940) 733-2279
Listed By:
Rodd Womble · License #TX 0290048
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 12:44PM
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 Domain Real Estate Services Inc
Investment Insights
Based on property information with market context.
The property is a convenience and gas store building of approximately 2,400 square feet situated on approximately 0.48 acres of land. The site is described as fully operational as a DK convenience and gas store. The business is stated as not for sale, and the offering is for the building and land.
The location is described as being across from WFISD sports complexes and schools, with nearby new home growth in the area. The lease provides a remaining term of three years and five months, along with two additional renewal options for five years each.
For buyers and operators evaluating a retail convenience and fuel use, this is a purpose-built, operating store that is tied to an in-place lease structure. Current rent is listed at $1,900 per month plus NNN, and the presence of two further five-year renewal options may be important for continuity. Terms and suitability should be verified through due diligence, including the ability to use and maintain the property consistent with the existing lease arrangement.
The location is described as being across from WFISD sports complexes and schools, with nearby new home growth in the area. The lease provides a remaining term of three years and five months, along with two additional renewal options for five years each.
For buyers and operators evaluating a retail convenience and fuel use, this is a purpose-built, operating store that is tied to an in-place lease structure. Current rent is listed at $1,900 per month plus NNN, and the presence of two further five-year renewal options may be important for continuity. Terms and suitability should be verified through due diligence, including the ability to use and maintain the property consistent with the existing lease arrangement.
Key Highlights
- Approximately 2,400 SF convenience and gas store building on about 0.48 AC
- Fully operational DK convenience and gas store
- Lease in place with about 3 years 5 months remaining and two renewal options for 5 years each
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 |
2,400 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Industrial
$2.58M
$2.26M – $3.01M
NOI $180,624 @ 7.0% cap · market cap 40.14%
Second Best
Specialty Retail
$482.6K
$422.3K – $563.0K
NOI $33,782 @ 7.0% cap · market cap 7.51%
Theoretical Best
Warehouse
$2.86M
$2.51M – $3.34M
NOI $200,497 @ 7.0% cap · market cap 44.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,599 visits/mo
0.1 miles
Demographics for 76310, TX
20,204
Population
8,450
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
170.3 sq mi
ZIP Area
119
Density / Sq Mi
$83,610
Median Household Income
$46,428
Median Earnings
$1,005
Median Rent
$201,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Leased convenience and gas store with remaining lease term and renewal options, offered as a for-sale building and land package.
Where is this gas station located?
The property is located at 5320 SOUTHWEST PKWY Wichita Falls, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 2,400 SF convenience and gas store building on about 0.48 AC; Fully operational DK convenience and gas store; Lease in place with about 3 years 5 months remaining and two renewal options for 5 years each
