This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3101 10th St - Oh2BKids Learning Center- NNN Investment

24,024 SF Specialty Building Offered at $1,495,944 CAD at a 6.50% Cap Rate in Wichita Falls, TX 76309

Investment Highlights

  • Large 24,2024 sqft building
  • 13,000+ sqft vacant/available for use or lease
  • 1.67 acre lot

Executive Summary

Great opportunity to buy a Childcare Investment property in Wichita Falls, TX
24,204 sqft Building with about 10,900 sqft leased to a Childcare tenant- Oh2BKids Learning Center.
The tenant has occupied the property since 2016 with current lease ending Jan 2027.
NNN lease backed by tenant personal guarantee.
About 13,000+ sqft of Building space is available for use or lease.
Zoning on the property is MFR- MFR–MULTIFAMILY RESIDENTIAL DISTRICT.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $97,265 $4.05
Other Income - -
Vacancy Loss - -
Effective Gross Income $97,265 $4.05
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $97,265
Annual Per SF $4.05
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $97,265
Annual Per SF $4.05
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,495,944 CAD
Price Per SF $62 CAD
Sale Type Investment
Cap Rate 6.50%
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 1.67 AC
Building Size 24,024 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 1.26/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
148306
Land Assessment
$72,428 CAD (2024)
Improvements Assessment
$524,812 CAD (2024)
Total Assessment
$597,240 CAD (2024)

zoning

Zoning Code MFR (MFR–MULTIFAMILY RESIDENTIAL DISTRICT)
MFR (MFR–MULTIFAMILY RESIDENTIAL DISTRICT)
  • Listing ID: 32263063

  • Date on Market: 2024-06-26

  • Last Updated:

  • Address: 3101 10th St, Wichita Falls, TX 76309

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}