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4401 Kemp Blvd
Wichita Falls, TX 76308
Red Lobster Wichita Falls TX · Retail Property For Sale

Investment Highlights

  • **Completed Lease Modification at same Rent, Future Increases and Terms!
  • Extra Parcel Used for Excess Parking could be Developed
  • Within a block of Sikes Center shopping mall featuring anchor tenants like At Home, Dillard's and JC Penneys
  • Absolute Corporate Triple Net Lease with 2% Annual Increases
  • Located as an Outparcel for Target, Petco, Tuesday Morning and Specs.
  • Solid and Consistent Increases in Sales since the Pandemic

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,286 SF
Building Class
B
Year Built/Renovated
1979/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.62 AC
Zoning
Ffre - Restaurant Building
Parking
126 Spaces (20.04 Spaces per 1,000 SF Leased)
Frontage
175’ on Kemp Blvd

Property Taxes

Property Taxes

Parcel Number
139007
Land Assessment
$309,064
Improvements Assessment
$652,436
Total Assessment
$961,500
  • Listing ID: 29766429

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: 4401 Kemp Blvd, Wichita Falls, TX 76308

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