2515 E Montgomery Pl - Freestanding FOR SALE


Wichita Falls, TX 76308- Southwest Wichita Falls
$3,850,000 USD
713-888-4001
2515 E Montgomery Pl, Wichita Falls, TX for Sale
$3,850,000 USD
Freestanding - FOR SALE
1/46
null | Request Cap Rate

2515 E Montgomery Pl
Wichita Falls, TX 76308
Southwest Wichita Falls


HIGHLIGHTS

  • Situated in Wichita Falls’ most active retail corridor with strong surrounding demographics.
  • Located near Midwestern State University and major retail anchors including Target and Sikes Senter Mall.
  • Zoned GC and offered at $3,850,000 with an operating tenant in place.
  • Includes a ±7,900 SF gated yard for additional storage or operational use.

OVERVIEW

This freestanding retail property offers a rare investment opportunity in the heart of Wichita Falls’ most active retail corridor. Positioned on approximately 1.28 acres, the building spans ±21,375 square feet and includes a ±7,900 SF gated yard at the rear, providing additional functionality for storage or operations. The property is zoned GC and is currently occupied by an operating tenant, ensuring immediate income potential for investors. Located near Midwestern State University and surrounded by major national retailers, the site benefits from strong consumer traffic and excellent visibility. The area is anchored by prominent shopping destinations such as Sikes Senter Mall, Target, and Hobby Lobby Plaza, creating a robust retail ecosystem. With traffic counts exceeding 25,000 vehicles per day on nearby Southwest Parkway and strong household income levels within a five-mile radius, this property is well-positioned for long-term value appreciation. Offered at $3,850,000, this asset combines stable tenancy with a prime location in Wichita Falls’ most vibrant retail zone, making it an attractive acquisition for investors seeking a secure and income-generating property.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

GC

APN/PARCEL ID

106146

ASK ABOUT THIS PROPERTY

Dan BellowJLLMore Info
713-888-4001

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Dan BellowJLLMore Info
713-888-4001

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