Frank & Joe's Center 1612 9th St 9,900 SF 100% Leased Retail Building Wichita Falls, TX 76301 $848,000 ($85.66/SF) 7.85% Cap Rate

A 9,900 sqft shopping center remodeled in 2000, consisting of 4 suites in the heart of Wichita Falls medical district. Guffey's Drug 2,231 sqft (tenant for over 20 years), Clinical Pathology 1,824 sqft, Frank& Hours Coffee 2,000 sqft (with a drive through), and a 2,000 sqft vacant suite (formerly Lula & Flora's…still paying rent). Net income of $66,561.73 with a 7.85% cap rate at $848,000. Additional rental income with extra storage space in back (1,925 sqft) and also a office space (approximately 900sqft separate from the 9,900 sqft center sqft) with restroom (on top and behind Guffies Drug.) New roof in 2000 and some roofing replaced as needed. All electrical and plumbing has been updated at Frank and Joe's and the vacant suite next door in the last 5 years. A rent roll and more tenant details available upon qualified inquiries and buyers. Great one of a kind location in medical area.