For Sale
$350,000

4130 Burkburnett Rd Wichita Falls, TX 76306

High-Visibility Retail, 3+ Acres, Texas

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional value-add opportunity presents a 3,715 square foot retail center situated on a substantial 4.26-acre lot in Wichita Falls, Texas. The property boasts high visibility on SH 240, enjoying a prime location near Sheppard Air Force Base. The existing retail center comprises four suites, three of which are currently occupied, offering immediate income potential. Below-market rents present a significant opportunity for an investor to quickly increase profitability. The substantial 3+ acres of vacant land behind the main building offer considerable expansion potential, suitable for various developments such as additional storage units, multi-family housing, or even an RV park. Further enhancing this investment, there's an option to acquire adjacent properties at 4120-4122 Burkburnett Rd, encompassing a 1,478 square foot single-family home and a 1,779 square foot retail building, at a separately negotiated price. The property benefits from city water and sewer services. This is a rare chance to acquire a well-positioned retail center with significant upside potential and ample land for future development in a thriving Texas market. The asking price for this property is $350,000.

Highlights

  • 3,715 SF retail center with four suites, three currently leased.
  • Over 3 acres of vacant land directly behind the center.
  • Option to acquire adjacent properties at 4120-4122 Burkburnett Rd, including a 1,478 SF single-family home and a 1,779 SF retail building.
  • City water and sewer available.

Property Details for 4130 Burkburnett Rd

Property type
Retail properties, Retail space
Square Feet
3,715 SF
Lot Size (sq. ft)
185,566 SF

Location Insight

City
Wichita Falls
County
Wichita
State
Texas
Latitude
33.965758
Longitude
-98.516415

FAQs

What type of property is this?
Retail property - High-Visibility Retail, 3+ Acres, Texas
Where is the retail property located?
The property is located at 4130 Burkburnett Rd Wichita Falls, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,715 SF retail center with four suites, three currently leased.; Over 3 acres of vacant land directly behind the center.; Option to acquire adjacent properties at 4120-4122 Burkburnett Rd, including a 1,478 SF single-family home and a 1,779 SF retail building.
How can I contact the broker?
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4130 Burkburnett Rd
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