2210 Southwest Pky - Restaurant FOR SALE


Wichita Falls, TX 76308- Southwest Wichita Falls
$1,848,000 USD
972-233-7049
2210 Southwest Pky, Wichita Falls, TX for Sale
$1,848,000 USD
Restaurant - FOR SALE
1/29
null | 7.17% Cap Rate

2210 Southwest Pky
Wichita Falls, TX 76308
Southwest Wichita Falls


HIGHLIGHTS

  • Well established Mexican food restaurant.
  • High traffic intersection.
  • NNN
  • CPI increases every year.
  • 2 five year options to renew

OVERVIEW

A building known as the EL Tapatio restaurant ( in business since June 2018) with approximately 5,820 square feet of building including a approximately 1,794 sqft dinning patio and approximately 47,397 square feet of land. The business is not included in the sale. 7.16% cap rate. Full NNN lease in place with CPI yearly increases. 2 x 5 year options to renew. More information available upon request. Do not show/walk through the property. Do not interrupt the restaurant's business. Purchase of the property only.

FOR SALE DETAILS

PRICE

$1,848,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

7.17%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,397 SF

ZONING

GC

APN/PARCEL ID

102631

ASK ABOUT THIS PROPERTY

Rodd WombleSchaaf & ClarkMore Info
972-233-7049

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Rodd WombleSchaaf & ClarkMore Info
972-233-7049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.