4130 Burkburnett Rd, Wichita Falls, TX 76306-1903

This exceptional value-add opportunity presents a 3,715 square foot retail center situated on a substantial 4.26-acre lot in Wichita Falls, Texas. The property boasts high visibility on SH 240, enjoying a prime location near Sheppard Air Force Base. The existing retail center comprises four suites, three of which are currently occupied, offering immediate income potential. Below-market rents present a significant opportunity for an investor to quickly increase profitability. The substantial 3+ acres of vacant land behind the main building offer considerable expansion potential, suitable for various developments such as additional storage units, multi-family housing, or even an RV park. Further enhancing this investment, there's an option to acquire adjacent properties at 4120-4122 Burkburnett Rd, encompassing a 1,478 square foot single-family home and a 1,779 square foot retail building, at a separately negotiated price. The property benefits from city water and sewer services. This is a rare chance to acquire a well-positioned retail center with significant upside potential and ample land for future development in a thriving Texas market. The asking price for this property is $350,000.