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301 E Scott Ave 10,272 SF Industrial Building Wichita Falls, TX 76301 $751,097 CAD ($73.12 CAD/SF) 6.50% Cap Rate

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Investment Highlights

  • Well loacted

Executive Summary

The current Tenant is operating an Antique Consignment store and has a 4-year lease. The Tenant is paying $3,000 Per Month Plus NNNs with annual rent bumps of $100.00 per month starting around March 2025. Sale is Based on a 6.5% CAP Rate
Property recently got a new roof.

Property Facts

Price $751,097 CAD
Price Per SF $73.12 CAD
Sale Type Investment
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 0.81 AC
Rentable Building Area 10,272 SF
No. Stories 1
Year Built/Renovated 1945/1985
Tenancy Single
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5
Zoning light industrial

Amenities

  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
142748
Land Assessment
$26,499 CAD
Improvements Assessment
$365,003 CAD
Total Assessment
$391,502 CAD
  • Listing ID: 27670345

  • Date on Market: 2023-02-03

  • Last Updated:

  • Address: 301 E Scott Ave, Wichita Falls, TX 76301

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