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Hobby Lobby-Anchored Shopping Center 2805 Southwest Pky 143,880 SF 96% Leased Retail Building Wichita Falls, TX 76308 $17,799,425 CAD ($123.71 CAD/SF) 7.75% Cap Rate
Investment Highlights
- BEST-IN-CLASS NATIONAL TENANT MIX
- 20+ YEAR OPERATING HISTORY
- HIGHLY TRAFFICKED LOCATION, EXCELLENT ACCESS, AND VISIBILITY
- TOP PERFORMING HOBBY LOBBY
- FAVORABLE LEASE STRUCTURES WITH ATTRACTIVE RENTAL INCREASES
- INCOME TAX-FREE STATE
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
143,880 SF
Building Class
B
Year Built/Renovated
1969/2025
Price
$17,799,425 CAD
Price Per SF
$123.71 CAD
Cap Rate
7.75%
NOI
$1,378,599 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
13.55 AC
Zoning
GC
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 142987 | Improvements Assessment | $1,063,255 CAD |
| Land Assessment | $4,569,024 CAD | Total Assessment | $5,632,280 CAD |
Property Taxes
Parcel Number
142987
Land Assessment
$4,569,024 CAD
Improvements Assessment
$1,063,255 CAD
Total Assessment
$5,632,280 CAD
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Hobby Lobby-Anchored Shopping Center | 2805 Southwest Pky
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