• Grand Buffet
  • 4407 Kemp Blvd, Wichita Falls, TX, 76308
Property Overview

- Hard corner free standing building with excellent visibility/accessibility - Profitable restaurant operating since 2004 - Five (5) years Seller Lease Back NNN Lease signed at Closing - Three 5-year options with 10% increase at each option - Rate of Return: 8% - Area traffic generatiors: Sikes Center Mall (Dillard’s, JCPenny, Sears), Target, Best Buy, Ross, Home Depot, Lowe’s, Wal-Mart, Midwestern State University, & Vernon College

Area Description

Wichita Falls is a regional economic hub for north Texas and south central Oklahoma. The well maintained Grand Buffet is ideally located in the heart of Wichita Falls’ most concentrated retail trade market. Traffic counts close to 30,000 vehicles per day along Kemp Boulevards at E. Montgomery, the trade area’s major thorough-fare.

Sale Price:$1,725,000.00
Property Type:Retail-Commercial
Market:Other Areas
Submarket:No Submarket
Land Size:.88 acres
Total Building Size:9,219 sqft
Year Built:1978
Year Renovated:2008
Property Downloads
1: Image (General)
2: Image (General)
3: Image (General)
4: Image (Aerial)
5: Image (Aerial)
6: Brochure
Sale Details
Retail Property Attributes
Traffic Counts
Demographics
Show More Info ▼Show Less Info ▲
 
Map of 4407 Kemp Blvd, Wichita Falls, TX, 76308