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    4020 Rhea Rd Wichita Falls, TX 76308

    For Lease
    $1,850 /Mo ($10 SF/Yr)

    Shopping Center - Wichita Falls, TX

    Property size:
    2,160 SF
    Days on Market:
    100
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 4020 Rhea Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot
    Size
    2,160 SF

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Concrete
    Roof type
    Metal
    Architectural style
    Other

    D-D Team LLL d/b/a RE/MAX Elite Group (940) 264-2500 [email protected]

    Listing agent DEBRA WEST (940) 264-2500 License #0516000

    Listing date Sep 2, 2025

    MLS# 180170 Listing URL

    Copyright © 2025 Wichita Falls Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Retail Space on Rhea

    This 2160 square feet retail space is available for lease in Wichita Falls, Texas. The property, located less than a block south of Call Field and Rhea Road, features frontage on Rhea Road. The space has been totally remodeled and includes new energy-efficient AC/heat and LED lighting. Water and garbage services are included. The property offers 15 parking spaces. It is well-lit and clean. The space will be available starting October 1st. There are no triple net fees or common maintenance charges.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warrior's Way Martial ... Martial Arts School Rx Strength Gym The Beauty Lounge Hair ... Hair Salon M Lynne Designs Interior Designer Payless Plumbing Plumber

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Crossroads Center, Danny Foix Enterprises, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.540039
    Latitude
    33.86978

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    FAQs

    What type of property is this?
    Shopping center - Remodeled retail space with frontage on Rhea Road available October 1st.
    Where is this shopping center located?
    The property is located at 4020 Rhea Rd Wichita Falls, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility frontage on Rhea Rd.; - No triple net or common maintenance fees.; - Totally remodeled space.
    (940) 264-2500
    Request Owner's contact information
    4020 Rhea Rd Wichita Falls, TX 76308
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    Wichita Falls, TX 76308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4020 Rhea Rd Wichita Falls, TX 76308
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