Building Details

Building Size 43,769 SF

Year Built 1982

Tenancy Multiple

Spaces For Lease

at 106 S Red River Expy Contact us

1

Type

Retail

Availability

Active

Contact us

Listing Agency: NAI Robert Lynn Fort Worth Show Phone

Listed By: Jake Blankenship · License #TX 700909

Source: Crexi

Added: Sep 20, 2023 Changed: Aug 31 Last Checked: Aug 28 at 4:31PM

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Investment Insights

Based on property information with market context.

The property, constructed in 1982, features 298 parking spaces and is zoned C/B (Commercial Business District). Previously occupied by Walmart from 1982 to 2007, the site generated approximately $13 million in annual sales. It offers high visibility on Interstate 44, US Highway 281, US Highway 277, and South Red River Expressway in Burkburnett, Texas, approximately 10 miles north of Wichita Falls, Texas. The location is equidistant between Dallas, Texas, and Oklahoma City, Oklahoma. The Wichita Falls regional trade area encompasses over 400,000 people, with Sheppard Air Force Base, employing nearly 16,000 individuals, as the largest employer.

Key Highlights

• High visibility location on Interstate 44 / US Highway 281 / US Highway 277 / South Red River Expressway.
• Features 298 parking spaces.
• Zoned C/B (Commercial Business District).

Property Analytics

Property Profile

Current Use

Tractor Supply Co. Pet Store & Service

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Spa & Massage Center Dental Office Hair 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

112

Businesses Nearby

10k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 69% Dining 31%

Tractor Supply Co. Home Improvements & Furnishings

6,588 visits/mo 0.2 miles

SUBWAY Dining

2,961 visits/mo 0.2 miles

Demographics for 76354, TX

11,496

Population

5,207

Households

2.2

Avg Household Size

38

Median Age

22%

College-Educated

93%

High-School Grad

82.6 sq mi

ZIP Area

139

Density / Sq Mi

$68,614

Median Household Income

$41,518

Median Earnings

$954

Median Rent

$148,700

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with high visibility near major highways.

Where is this retail space located?

The property is located at 106 S Red River Expy Burkburnett, TX.

What are key features of this property?

This property features: High visibility location on Interstate 44 / US Highway 281 / US Highway 277 / South Red River Expressway.; Features 298 parking spaces.; Zoned C/B (Commercial Business District).