Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Stripes in Wichita Falls, Texas. The property consists of a 1,404-square foot building that sits on approximately 0.30 acres of land. There are approximately 6 years remaining on the current lease term, with 2.5 percent annual rental escalations during the main term, as well as 20 percent rental escalations in the first year of an option. The property is located at the signalized hard corner of Southwest Parkway and Kemp Boulevard, where combined traffic counts exceed 29,496 vehicles per day.