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301 E Scott Ave
Wichita Falls, TX 76301
Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • Well loacted

EXECUTIVE SUMMARY

The current Tenant is operating an Antique Consignment store and has a 4-year lease. The Tenant is paying $3,000 Per Month Plus NNNs with annual rent bumps of $100.00 per month starting around March 2025. Sale is Based on a 6.5% CAP Rate

PROPERTY FACTS

Sale Type Investment
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 0.81 AC
Rentable Building Area 10,272 SF
No. Stories 1
Year Built/Renovated 1945/1985
Tenancy Single
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5
Zoning light industrial

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
142748
Land Assessment
$19,426
Improvements Assessment
$267,574
Total Assessment
$287,000
  • Listing ID: 27670345

  • Date on Market: 2/3/2023

  • Last Updated:

  • Address: 301 E Scott Ave, Wichita Falls, TX 76301

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