Hobby Lobby-Anchored Retail
For Sale
Contact for pricing
2805 SOUTHWEST PKWY, Wichita Falls, TX 76308
Multi-tenant retail center anchored by Hobby Lobby with long-term leases in place.
Property Size143,880 SF
Lot Size13.55 Acres
Price / SF$88.96
Days on Market61
Property Features for 2805 SOUTHWEST PKWY
General Information
Standard status
Active
Size
143,880 SF
Lot size
13.55 Acres
Property subtype
Retail
Building Details
Year Built
1969
Tenancy
Multi
Listing Agency:
Northmarq Capital, LLC
(918) 794-9516
Listed By:
Chad Byerly · License #OK 155856
Source:
Crexi
Added: Jun 5
Changed: Jul 10
Last Checked: Aug 4 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This multi-tenant retail center offers approximately 143,880 SF of retail space on a 13.55-acre lot, with Hobby Lobby as the anchor. The property is configured to support a mix of neighborhood and value-oriented retail tenants, and is currently operating with an in-place tenant roster under long-term leases. The listed average weighted lease term remaining is 6 years and 4 months.
The center is located at 2805 Southwest Pkwy in Wichita Falls, Texas. It is described as a Hobby Lobby-anchored multi-tenant building with a tenant mix including Bealls | Home Centric, Dollar Tree, and Aaron’s, reflecting a practical retail draw for everyday shopping needs.
For buyers seeking a stabilized retail asset, the property’s long-term tenant occupancy and diversified tenant mix provide an immediate operating profile. Ownership is offered as 100% fee simple interest, with the current leasing structure supporting continued use of the center as a multi-tenant retail destination anchored by a major national retailer.
The center is located at 2805 Southwest Pkwy in Wichita Falls, Texas. It is described as a Hobby Lobby-anchored multi-tenant building with a tenant mix including Bealls | Home Centric, Dollar Tree, and Aaron’s, reflecting a practical retail draw for everyday shopping needs.
For buyers seeking a stabilized retail asset, the property’s long-term tenant occupancy and diversified tenant mix provide an immediate operating profile. Ownership is offered as 100% fee simple interest, with the current leasing structure supporting continued use of the center as a multi-tenant retail destination anchored by a major national retailer.
Key Highlights
- Multi‑tenant retail center totaling +/- 143,880 SF, offered as 100% fee simple interest
- Hobby Lobby‑anchored property on a 13.55‑acre lot in Wichita Falls, Texas
- Tenant roster includes Bealls | Home Centric, Dollar Tree, and Aaron’s
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
392k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 25%
Superstores 21%
Groceries 17%
Target
Superstores
81,324 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
46,763 visits/mo
0.3 miles
United Supermarkets
Groceries
42,969 visits/mo
0.1 miles
Whataburger
Dining
27,362 visits/mo
0.1 miles
Spec's
Groceries
24,954 visits/mo
0.4 miles
Demographics for 76308, TX
20,305
Population
9,601
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
2,603
Density / Sq Mi
$70,789
Median Household Income
$40,433
Median Earnings
$1,083
Median Rent
$198,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center anchored by Hobby Lobby with long-term leases in place.
Where is this shopping center located?
The property is located at 2805 SOUTHWEST PKWY Wichita Falls, TX.
What is the asking price?
The asking price for this property is $12,800,000.
What are key features of this property?
This property features: Multi‑tenant retail center totaling +/- 143,880 SF, offered as 100% fee simple interest; Hobby Lobby‑anchored property on a 13.55‑acre lot in Wichita Falls, Texas; Tenant roster includes Bealls | Home Centric, Dollar Tree, and Aaron’s
