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Carino's Italian 4330 Kell Blvd 6,531 SF Retail Building Wichita Falls, TX 76309 $2,450,000 ($375.13/SF)
INVESTMENT HIGHLIGHTS
- Absolute-Net Lease w/ Zero Landlord Responsibility
- Currently Producing $168,000 Annual Rental Income
- Walk-able Location | Densely Populated Trade Area
- Superior Location w/ Limited Competition | Strategic Trade Area
- Former Restaurant Space w/ All Equipment Included
- Quality Roof, Working HVAC's, & Functional Floorplan
EXECUTIVE SUMMARY
Property Description
Freestanding Absolute NNN Zero Landlord Responsibility restaurant building in Wichita Falls, Texas. This outstanding opportunity offers investors annual income and potential to lease to business at market rent once their lease expires in March 2026. Building features a wide open floor plan, hard-surface flooring throughout, bright lighting, updated energy efficient features, private restrooms, outdoor lights during the night hours, & lush landscaping. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Tenant is responsible for all expenses. The top five employers in Wichita Falls: Sheppard Air Force Base (9,067 employees), Wichita Falls ISD (2,150), United Regional Healthcare System (1,728), Midwestern State University (1,182), and the City of Wichita Falls (1,166), bring significant daily traffic and activity through the area, contributing to strong visibility and consistent demand near the site.
Location Description
This property is ideally situated along Kell West Boulevard, between Fairway Boulevard and McNeil Avenue, neighboring major retailers such as Sam’s Club, Walmart Supercenter, Home Depot, Lowe’s, Academy Sports + Outdoors, and more. Wichita Falls is strategically located in North-Central Texas, less than two hours from both Dallas/Fort Worth and Oklahoma City. The site is just 10 miles from Sheppard Air Force Base and near Midwestern State University. The area boasts a population of 83,801 within a 5-mile radius and an average household income of $66,886 within a 1-mile radius.
Freestanding Absolute NNN Zero Landlord Responsibility restaurant building in Wichita Falls, Texas. This outstanding opportunity offers investors annual income and potential to lease to business at market rent once their lease expires in March 2026. Building features a wide open floor plan, hard-surface flooring throughout, bright lighting, updated energy efficient features, private restrooms, outdoor lights during the night hours, & lush landscaping. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Tenant is responsible for all expenses. The top five employers in Wichita Falls: Sheppard Air Force Base (9,067 employees), Wichita Falls ISD (2,150), United Regional Healthcare System (1,728), Midwestern State University (1,182), and the City of Wichita Falls (1,166), bring significant daily traffic and activity through the area, contributing to strong visibility and consistent demand near the site.
Location Description
This property is ideally situated along Kell West Boulevard, between Fairway Boulevard and McNeil Avenue, neighboring major retailers such as Sam’s Club, Walmart Supercenter, Home Depot, Lowe’s, Academy Sports + Outdoors, and more. Wichita Falls is strategically located in North-Central Texas, less than two hours from both Dallas/Fort Worth and Oklahoma City. The site is just 10 miles from Sheppard Air Force Base and near Midwestern State University. The area boasts a population of 83,801 within a 5-mile radius and an average household income of $66,886 within a 1-mile radius.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,531 SF
Building Class
C
Year Built
2004
Price
$2,450,000
Price Per SF
$375.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.80 AC
Zoning
Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 154016 | Improvements Assessment | $1,476,600 |
| Land Assessment | $433,400 | Total Assessment | $1,910,000 |
PROPERTY TAXES
Parcel Number
154016
Land Assessment
$433,400
Improvements Assessment
$1,476,600
Total Assessment
$1,910,000
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Carino's Italian | 4330 Kell Blvd
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