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Anchored Shopping Center
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Pending

701 N 25 Mile Ave, Hereford, TX 79045

Retail property near a Walmart Supercenter with national and regional occupants.

Property SizeContact for details
Days on Market144

Property Features for 701 N 25 Mile Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Jesse Rincones · License #710224
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:38PM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

Hereford Corners Shopping Center is a Walmart out-parcel retail property at 701 N 25 Mile Ave in Hereford, Texas. The center includes Hibbett Sporting Goods, Cato Fashions, and Shoe Sensation, with a tenant mix comprising national and regional brands.

The property is situated along Hwy 385, Hereford’s major thoroughfare, and near the Walmart Supercenter. Placer.ai reports over 108,000 visits per month to that Walmart from a trade area greater than 20 miles. Hereford is 50 miles southwest of Amarillo in the Texas Panhandle. Other major economic drivers identified nearby include Hereford Independent School District and Hereford Regional Medical Center. The Hereford EDC cites a pool of over 200,000 people.

Key Highlights

  • Walmart out‑parcel shopping center at 701 N 25 Mile Ave, Hereford, TX 79045
  • Anchored by Hibbett Sporting Goods, Cato Fashions, and Shoe Sensation
  • Located along Hwy 385, Hereford’s major thoroughfare

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon Spa & Massage Center Auto Parts Store

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

265
Businesses Nearby
122k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 32% Shops & Services 25% Groceries 16% Dining 12%
Walmart Superstores
39,360 visits/mo 0.2 miles
Amigos Groceries
18,982 visits/mo 0.3 miles
Murphy USA Shops & Services
15,451 visits/mo 0.1 miles
McDonald's Dining
12,298 visits/mo 0.1 miles
Phillips 66 Shops & Services
7,742 visits/mo 0.3 miles

Demographics for 79045, TX

18,621
Population
7,026
Households
2.7
Avg Household Size
33
Median Age
11%
College-Educated
70%
High-School Grad
1,130.7 sq mi
ZIP Area
16
Density / Sq Mi
$54,207
Median Household Income
$37,342
Median Earnings
$921
Median Rent
$111,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail property near a Walmart Supercenter with national and regional occupants.
Where is this shopping center located?
The property is located at 701 N 25 Mile Ave Hereford, TX.
What are key features of this property?
This property features: Walmart out‑parcel shopping center at 701 N 25 Mile Ave, Hereford, TX 79045; Anchored by Hibbett Sporting Goods, Cato Fashions, and Shoe Sensation; Located along Hwy 385, Hereford’s major thoroughfare
(806) 784-3292 Call to check price and availability
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