Remodeled Retail
For Lease
$1,250/Mo NNN
4020 RHEA ROAD, Wichita Falls, TX 76308
COMMERCIAL, Wichita Falls, TX
Space SizeContact for details
Days on Market181
Property Features for 4020 RHEA ROAD
General Information
Property type
Commercial Lease
Property subtype
Other
Parking features
Parking Lot
Subdivision
15 WFalls Central
Standard status
Active
Size
1,260 SF
Amenities
new energy efficient AC/heat
LED lighting
water and garbage paid
well lit
clean
Building Details
Flooring type
Carpet, Concrete
Roof type
Metal
Listing Agency:
RE/MAX ELITE GROUP · RE/MAX International
(940) 264-2500
Listed By:
DEBRA WEST
(940) 733-5478
Added: Apr 23
Changed: Oct 18
Last Checked: Oct 20 at 11:06AM
MLS# 183034
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.
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Investment Insights
Based on property information with market context.
This 1260-square-foot retail space at 4020 Rhea Road has been fully remodeled and includes carpet and concrete flooring. Improvements include new energy-efficient air conditioning and heating, LED lighting, and a metal roof. The property provides 15 parking spaces in an on-site parking lot and offers frontage along Rhea Road.
The location is less than a block south of Call Field and Rhea Road in Wichita Falls. Water and garbage are included, and the lease does not use a triple-net structure. Common maintenance is also excluded from the lease structure. The space is well lit and clean, with availability indicated for the end of May.
The location is less than a block south of Call Field and Rhea Road in Wichita Falls. Water and garbage are included, and the lease does not use a triple-net structure. Common maintenance is also excluded from the lease structure. The space is well lit and clean, with availability indicated for the end of May.
Key Highlights
- 1260 square feet of fully remodeled retail space
- Frontage along Rhea Road, less than a block south of Call Field and Rhea Road
- New energy‑efficient air conditioning and heating with LED lighting
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
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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Market
Lease Benchmarks for Wichita Falls, TX
$13.51 /SF/Yr
Avg Asking Price
$7.2–$21.52 /SF/Yr
Price Range
5,054 SF
Avg Space Size
This space is priced 12% below the average of $13.51 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Updated retail space with energy-efficient HVAC, LED lighting, and water and garbage included.
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: 1260 square feet of fully remodeled retail space; Frontage along Rhea Road, less than a block south of Call Field and Rhea Road; New energy‑efficient air conditioning and heating with LED lighting
