4401 Kemp Blvd | Wichita Falls, TX 76308
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- LoopNet Team
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
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
| Parcel Number | 139007 | Improvements Assessment | $652,436 |
| Land Assessment | $309,064 | Total Assessment | $961,500 |
Property Taxes
Parcel Number
139007
Land Assessment
$309,064
Improvements Assessment
$652,436
Total Assessment
$961,500
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