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SUBLEASE HIGHLIGHTS
- Parker Square Shopping Center is largest center in Wichita Falls
- Turn key restaurant
- Includes the fixtures and furnishings plus kitchen equipment
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 3,211 SF | Jun 2029 | $24.07 CAD/SF/YR $2.01 CAD/SF/MO $77,275 CAD/YR $6,440 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 200
3,211 sqft in Parker Square Shopping Center. Largest center in Wichita Falls at the biggest traffic count intersection. Formerly Progress Pizza restaurant. This is a sublease at $4,616 per month plus $1,196.64 in NNN. "As Is". The restaurant includes the fixtures and furnishings plus kitchen equipment. Includes stainless steel tables, shelves, sinks, and Vent a hoods. There are 2 existing walk-in refrigerators , large freezer, ice maker and CO2 equipment. Flat tops fryers ovens or refrigerated prep tables can be bought or made available. Asian restaurant is restricted.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Largest center in Wichita Falls
- Highest traffic count intersection.
- Includes the fixtures, furnishings and kitchen eqp
- stainless tables, shelves, sinks, and Vent a hoods
- 2 walk-in refrigerators,large freezer & ice maker
- Turnkey ready restaurant
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT BUILDING D
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Crunch
- Arts, Entertainment, and Recreation
- -
- -
- First United Bank
- Finance and Insurance
- -
- -
- Jasons Deli
- Accommodation and Food Services
- -
- -
- LendMark
- -
- -
- -
- Vexus
- Professional, Scientific, and Technical Services
- -
- -
- Wells Fargo
- Finance and Insurance
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Crunch | Arts, Entertainment, and Recreation | - | - |
| First United Bank | Finance and Insurance | - | - |
| Jasons Deli | Accommodation and Food Services | - | - |
| LendMark | - | - | - |
| Vexus | Professional, Scientific, and Technical Services | - | - |
| Wells Fargo | Finance and Insurance | - | - |
PROPERTY FACTS
| Total Space Available | 3,211 SF | Total Land Area | 5.24 AC |
| Property Type | Retail | Year Built | 1955 |
| Gross Leasable Area | 47,280 SF |
| Total Space Available | 3,211 SF |
| Property Type | Retail |
| Gross Leasable Area | 47,280 SF |
| Total Land Area | 5.24 AC |
| Year Built | 1955 |
ABOUT THE PROPERTY
3,211 sqft in Parker Square Shopping Center. Largest center in Wichita Falls at the biggest traffic count intersection. Formerly Progress Pizza restaurant. This is a sublease at $4,616 per month plus $1,196.64 in NNN. "As Is". The restaurant includes the fixtures and furnishings plus kitchen equipment. Includes stainless steel tables, shelves, sinks, and Vent a hoods. There are 2 existing walk-in refrigerators , large freezer, ice maker and CO2 equipment. Flat tops fryers ovens or refrigerated prep tables can be bought or made available. Asian restaurant is restricted.
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Building D | 3001-3007 Garnett Ave
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