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$ 815,000
Est. payment /mo
Price Dropped by $33K
1612 9TH STREET #Frank & Joe's Center Wichita Falls, TX 76301
9,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Strip Center
Listing Status Active
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $82
MLS Listing ID 182292
Property Sub-Type Strip Center
Property Description
A 9,980 sqft center remodeled in 2000..4 suites in medical district. Guffey's Drug 2,231 sqft, Clinical Pathology 1,824 sqft, Frank & Joe's Coffee 2,000 sqft, a 2,000 sqft vacancy (formerly Lula & Flora's…still paying rent). NOI of $69,306.44 / 8.5% cap rate =$815,000. Additional income w/storage in back (1,925 sqft) and also office space (approx. 900sqft )with restroom (on top and behind Guffies Drug.) Roof in 2000... with new replacement as needed.NNN leases. Rent roll attached.
Location
State TX
County Wichita
Area 15 Wfalls Central
Building
Lot Size Range .62 AC

Listed by DOMAIN REAL ESTATE SERVICES INC
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