4301 Kemp Blvd Wichita Falls, TX 76308-3717
Property profile & analytics
4301 Kemp Blvd Wichita Falls, TX 76308-3717
- Turn key restaurants
- 4,532 SF
- 0.92 lot acres
Property ID
US82-7289923
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hawaiian Bros Island Grill / Restaurant
Property Details for 4301 Kemp Blvd
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 0.92 lot acres
- Property size
- 4,532 SF
- Zone code
- GC
- Property type
- Turn key restaurants
- APN
- 2303 114 01
- APU
- 230311401
Description
This exceptional investment opportunity presents a brand-new, 2,950-square-foot Hawaiian Bros restaurant situated on a 0.92-acre lot in Wichita Falls, Texas. Built in 2024, the property boasts a 20-year absolute NNN lease with a corporate guarantee from a franchisee of Stine Enterprises, a proven operator of multiple restaurant brands including Jack in the Box and Denny's. The lease commenced September 1, 2024, and includes four 5-year renewal options, ensuring long-term stability. Rent increases are structured at 8% every five years, including option periods, providing significant growth potential. The property's asking price is $3,896,000, representing a compelling 5.75% cap rate based on a current net operating income (NOI) of $224,000. The location is highly desirable, situated across from Sikes Senter Mall, the only mall within a 100-mile radius, and within a dense retail corridor alongside major national brands such as Target, Best Buy, and Chick-fil-A. Hawaiian Bros is a rapidly expanding and high-performing restaurant chain, with average unit volumes exceeding $4.6 million. This property offers a secure, passive income stream with substantial upside potential, making it an ideal addition to any diversified investment portfolio. The property is located at 4301 Kemp Blvd, Wichita Falls, TX 76308, in Wichita County. The strong tenant, favorable lease terms, and prime location combine to create a truly exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.5353
- Latitude
- 33.8655
- CBSA code
- 48660
- CBSA name
- WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,567
$481,207
$553,280
$1,034,487
-
$481,207
$553,280
$1,034,487
