2211 Southwest Pky | Wichita Falls, TX 76308
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- LoopNet Team
2211 Southwest Pky
Wichita Falls, TX 76308
HTeaO · Retail Property For Sale
Investment Highlights
- Corporate-Leased HTeaO; 15-Year Absolute NNN Single-Tenant Drive-Thru Asset in Northern Texas Submarket of Wichita Falls, TX
- HTeaO is America’s Largest Iced Tea Franchise & Ranked No. 59 on Inc. Magazine’s 5000 Regionals Southwest List
- Strong Fundamentals with Frontage to Southwest Parkway (23,536-VPD), 2,200 SF with Drive-Thru, Highly Visible Two-Sided Pylon Sign & Left Turn Access
- Constructed in 2020 with Primary Lease Term Through December 2038; 10% Escalations Every 5 Years Including Each of the Six, 5-Year Renewal Options
- Opened 100th Location in January 2024; 530 Franchise Licenses & Growing
- Over 3.7MM SF of Retail GLA in a 1.5-Mile Radius Including Sike Senter Mall (670,000+ SF)
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.49 AC
Zoning
GC
Parking
21 Spaces (9.55 Spaces per 1,000 SF Leased)
Frontage
241’ on Southwest Parkway
Property Taxes
| Parcel Number | 106139 | Improvements Assessment | $459,759 |
| Land Assessment | $179,293 | Total Assessment | $639,052 |
Property Taxes
Parcel Number
106139
Land Assessment
$179,293
Improvements Assessment
$459,759
Total Assessment
$639,052
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