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    Property profile & analytics
    OFF-MARKET Estimated value $8,080,000
    Super regional malls

    3111 Midwestern Pkwy, Wichita Falls, TX 76308-2823

    784,240 SF 58.86 ac lot Built 1973
    Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-6642008
    Property summary
    AI-generated overview

    Sikes Senter Mall, a vibrant retail and restaurant center in Wichita County, offers exceptional opportunities for businesses seeking prime commercial space. This established mall boasts a total of 668,848 square feet, with 93,725 square feet currently vacant and available for lease. Spaces range from a minimum of 5,584 square feet to a maximum contiguous space of 41,355 square feet, providing flexibility for various business needs. The property sits on a substantial 59.8-acre lot and offers ample parking with 3,811 spaces for customer convenience. Sikes Senter benefits from its strategic location in Wichita Falls, drawing significant traffic from the nearby university and military installations. Recent interior renovations have enhanced the mall's appeal, creating a modern and inviting atmosphere for shoppers and diners. The diverse tenant mix, including established restaurants and entertainment options, contributes to a thriving and dynamic environment. This is an exceptional opportunity to establish or expand your business within a well-established and highly trafficked retail center. The available space presents a unique chance to capitalize on the strong existing customer base and vibrant community atmosphere of Sikes Senter Mall.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1973
    Total area 784,240 SF
    Lot 58.86 ac (2,563,846 SF)
    Zoning code GC
    APN 4660 001 02
    UPID US82-6642008
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • MADE MAN FASHIONS (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    • francesca's Clothing & Fashion Store
    • Champs Sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Hot Topic (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    • JCPenney Salon Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.08M
    Owner & transaction history
    Kenneth Bond · 13 yrs held
    Kenneth Bond
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    GC · Wichita Falls, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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