Listing Agency: DOMAIN REAL ESTATE SERVICES INC j***@wfdomain.com Show Phone

Listed By: RODD WOMBLE · License #0290048 Show Phone

Added: Aug 28, 2025 Changed: Sep 24 Last Checked: Oct 7 at 12:06PM

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MLS# 180118

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.

Investment Insights

Based on property information with market context.

This retail storefront contains approximately 6,626 square feet within a 1.07-acre commercial parcel. The property previously operated as an Advanced Auto Parts location and includes a full concrete parking lot for customer and employee vehicles.

Positioned along Jacksboro Highway in Wichita Falls, the property sits between Pizza Hut, Pilgrims Bank, and Berend Brothers. Its existing retail configuration and commercial surroundings support continued storefront use. The property is available for sale and is also offered under an NNN lease structure.

Key Highlights

• Approximately 6,626 square feet of building area
• 1.07‑acre commercial parcel
• Full concrete parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$74,888

Cap Rate

7.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,497,760 $1.5M

Cap Rate 7%

$1,069,829 $1.1M

Cap Rate 9%

$832,089 $832.1K

Market Conditions

NOI Build-Up for 6,626 SF

Gross rent

$119.3K $18.00/SF

− Vacancy

−$12.3K −$1.85/SF

EGI

$107.0K $16.15/SF

− OpEx

−$32.1K −$4.84/SF

NOI

$74.9K $11.30/SF

Area

Wichita Falls, TX

Vacancy

10.30%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,497,760

Cap Rate 7%

$1,069,829

Cap Rate 9%

$832,089

Alternative Uses

Best Use

Industrial

$7.12M

$6.23M – $8.31M (±1% cap)

NOI $498,671 @ 7.0% cap · market cap 47.22%

Second Best

Retail

$1.07M

$936.1K – $1.25M (±1% cap)

NOI $74,888 @ 7.0% cap · market cap 7.09%

Theoretical Best

Warehouse

$7.91M

$6.92M – $9.23M (±1% cap)

NOI $553,540 @ 7.0% cap · market cap 52.42%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

515

Businesses Nearby

80k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 34% Groceries 33% Dining 30% Electronics 2%

United Supermarkets Groceries

26,246 visits/mo 0.4 miles

United Express Fuel Shops & Services

15,948 visits/mo 0.3 miles

SONIC Drive In Dining

8,256 visits/mo 0.1 miles

Golden Chick Dining

6,025 visits/mo 0.3 miles

O'Reilly Auto Parts Shops & Services

4,914 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Established commercial setting near Pizza Hut, Pilgrims Bank, and Berend Brothers with a paved customer parking area.

Where is this storefront property located?

The property is located at 4205 JACKSBORO HIGHWAY Wichita Falls, TX.

What is the asking price?

The asking price for this property is $1,056,000.

What are key features of this property?

This property features: Approximately 6,626 square feet of building area; 1.07‑acre commercial parcel; Full concrete parking lot