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713 Indiana Ave 713 Indiana Ave 7,500 SF of Retail Space Available in Wichita Falls, TX 76301

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HIGHLIGHTS

  • downtown foot traffic
  • open plan with brick walls
  • lots of natural light - storefront glass

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 7,500 SF
  • 33’
  • Negotiable
  • $16.75 CAD/SF/YR $1.40 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO
  • Net
Space Use
Retail
Condition
Shell Space
Availability
Now

This building was renovated in 2023 with a new roof, new HVAC, new slab/epoxy floor and bathrooms.

  • Lease rate does not include certain property expenses
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Exposed Ceiling
  • Finished Ceilings: 33’
  • Center of downtown entertainment district
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 7,500 SF 33’ Negotiable $16.75 CAD/SF/YR $1.40 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO Net

1st Floor

Size
7,500 SF
Ceiling
33’
Term
Negotiable
Rental Rate
$16.75 CAD/SF/YR $1.40 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO
Rent Type
Net
Space Use
Retail
Condition
Shell Space
Availability
Now

This building was renovated in 2023 with a new roof, new HVAC, new slab/epoxy floor and bathrooms.

  • Lease rate does not include certain property expenses
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Exposed Ceiling
  • Finished Ceilings: 33’
  • Center of downtown entertainment district

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.

PROPERTY FACTS

Total Space Available 7,500 SF
Property Type Retail
Gross Leasable Area 7,500 SF
Year Built/Renovated 1945/2023
Cross Streets 8th Street

ABOUT THE PROPERTY

Great single tenant building (could be sub divided) in one of the best locations in Wichita Falls

NEARBY MAJOR RETAILERS

First Bank Wichita Falls
IHOP
Ymca
United Rentals
  • Listing ID: 32403891

  • Date on Market: 2024-07-10

  • Last Updated:

  • Address: 713 Indiana Ave, Wichita Falls, TX 76301

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