Remodeled Retail
For Lease
$1,250/Mo NNN
4020 Rhea Road, Wichita Falls, TX 76308
Updated mechanical and lighting systems serve a street-front commercial suite with on-site parking.
Space SizeContact for details
Property Size1,260 SF
Days on Market196
Property Features for 4020 Rhea Road
General Information
Standard status
Active
Size
1,260 SF
Total Parking Spaces
15
Site & Location
Neighborhood
Faith Village
Building Details
Building Size
1,260 SF
Buildings
8
Listing Agency:
Re/Max Elite Group
(940) 264-2500
Listed By:
Debra West · License #0516000
(940) 733-5478
Source:
Anchored-realty
Added: Apr 23
Changed: Nov 2
Last Checked: Nov 4 at 6:02AM
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 Re/Max Elite Group
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Investment Insights
Based on property information with market context.
This 1,260-square-foot retail suite at 4020 Rhea Road has been remodeled and features energy-efficient heating and air conditioning, LED lighting, and 15 parking spaces. Water and garbage are included, with no triple-net charges or common-area maintenance.
The property is on Rhea Road, less than a block south of Call Field and Rhea Road. The space is available for lease.
The property is on Rhea Road, less than a block south of Call Field and Rhea Road. The space is available for lease.
Key Highlights
- 1,260‑square‑foot retail suite
- Remodeled interior with energy‑efficient AC/heat and LED lighting
- 15 parking spaces
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
641k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 20%
Superstores 20%
Apparel 18%
Walmart
Superstores
129,952 visits/mo
0.4 miles
Academy Sports + Outdoors
Apparel
65,814 visits/mo
0.4 miles
Five Below
Shops & Services
49,747 visits/mo
0.4 miles
Burlington
Apparel
36,687 visits/mo
0.2 miles
On The Border Mexican Grill & Cantina
Dining
32,424 visits/mo
0.3 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Wichita Falls, TX
$12.37 /SF/Yr
Avg Asking Price
$7.2–$21.52 /SF/Yr
Price Range
5,250 SF
Avg Space Size
This space is priced 4% below the average of $12.37 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Updated mechanical and lighting systems serve a street-front commercial suite with on-site parking.
Where is this retail space located?
The property is located at 4020 Rhea Road Wichita Falls, TX.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 1,260‑square‑foot retail suite; Remodeled interior with energy‑efficient AC/heat and LED lighting; 15 parking spaces
