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    FOR LEASE
    Outlet malls

    3430 Burkburnett Rd, Wichita Falls, TX 76306

    7,868 SF 0.67 ac lot Built 2000
    Entity Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-6985184
    3430 Burkburnett Rd, Wichita Falls, TX 76306 For Lease
    $1,285,000 7,511 SF available
    3430 Burkburnett Rd, Wichita Falls, TX 76306
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    Property summary
    AI-generated overview

    This exceptional 7,511-square-foot retail space, located at 3430 Burkburnett Rd in Wichita Falls, Texas, 76306, presents a significant opportunity for a variety of businesses. Currently vacant, the entire building is available for lease. The property is classified as a single-tenant storefront, ideal for a business seeking high visibility and ample space. Its "Retail, Restaurant" zoning allows for diverse uses, catering to a wide range of potential tenants. The building's substantial size offers significant flexibility in layout and design, allowing for customization to meet specific business needs. The property's location on Burkburnett Rd ensures high traffic volume and excellent exposure to potential customers. This prime location in Wichita Falls offers easy access to major roadways and a thriving local community. The property is ready for immediate occupancy, providing a seamless transition for new businesses. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial, well-located retail space in a growing Texas market. The property's size and location make it an attractive option for businesses seeking to establish a strong presence in Wichita Falls.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2000
    Construction STEEL FRAME
    Total area 7,868 SF
    Lot 0.67 ac (29,229 SF)
    Zoning code GC
    APN 4630 014 07
    UPID US82-6985184
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.37M
    Comparable Approach Comparable
    $1.20M
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    Realty Income Properties 17 LLC · 14 yrs held
    Realty Income Properties 17 LLC
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    GC · Wichita Falls, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.0M +19.6%
    Restaurant $960,000 +12.6%
    Commercial (general) $900,000 +5.8%
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    More about this property
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