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Four-Office Commercial Suite

1501 MIDWESTERN PARKWAY, Wichita Falls, TX 76302

For Lease
$1,000/Mo CAM $250 /USD/MO

COMMERCIAL, Wichita Falls, TX

Space Size1,000 SF
Property Size44,000 SF
Days on Market157

Property Features for 1501 MIDWESTERN PARKWAY

General Information

Property type Commercial Lease
Property subtype Other
Subdivision 10E WFalls Southeast
Standard status Active
Listing Agency: DOMAIN REAL ESTATE SERVICES INC
Listed By: RODD WOMBLE · License TX #0290048
Added: Jun 9 Changed: Oct 18 Last Checked: Nov 12 at 7:06PM
MLS# 183688

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This office unit provides approximately 1,000 square feet arranged with four private offices and a break room. The space was formerly occupied by Farmers Insurance and is configured for office use within Country Club Village.

The suite is part of a 44,000-square-foot commercial center reported as 99% leased. Other occupants include Little Caesars Pizza, Ronnie's Burgers, Subway, Wow Donuts, H&R Block, Cricket Wireless, Texas Workforce Commission, All American Insurance, and WF Ballet. Texas Workforce and My Staf are identified nearby within the center context, adding established commercial activity to the property setting. Lease terms include an NNN structure.

Key Highlights

  • Approximately 1,000 square feet of office space
  • Four offices plus a break room
  • Former Farmers Insurance office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

First Church of Christ, ... Church Wichita Falls Ballet ... Theater & Performing Art Venue Drive Rite Training Center AAA Pre Employment ... Drug Testing Service Amerilink/Choice Wireless Mobile Phone Store

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Spa & Massage Center Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

99%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 76302, TX

12,400
Population
5,333
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
1,319
Density / Sq Mi
$56,744
Median Household Income
$36,125
Median Earnings
$902
Median Rent
$142,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wichita Falls, TX

$28.77 /SF/Yr
Avg Asking Price
$8.7–$125 /SF/Yr
Price Range
4,715 SF
Avg Space Size

This space is priced 58% below the average of $28.77 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Wichita Falls, TX

$12 Jul
$24.42 Aug
$24.42 Sep
$28.43 Oct

Properties on Market for Office Units in Wichita Falls

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes a break room and is located within a nearly fully leased commercial center.
Where is this office unit located?
The property is located at 1501 MIDWESTERN PARKWAY Wichita Falls, TX.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet of office space; Four offices plus a break room; Former Farmers Insurance office
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Includes: Price & PSF · Cap rate · Location · Zoning

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