106 Red River Expy Burkburnett, TX 76354

Property Details for 106 Red River Expy

Year built

1982

Construction

CONCRETE BLOCKS

Lot size

6.03 lot acres

Property size

43,756 SF

Zone code

C/B

Property type

Outlet malls

APN

5M16 004 00

APU

5M1600400

Description

This exceptional 43,769 square foot retail power center, situated on a 6.03-acre lot in Burkburnett, Texas, presents a unique investment opportunity. The property, built in 1982 and boasting a Class B rating, offers flexible space options ranging from 2,381 to 21,466 contiguous square feet, ideal for a variety of retail uses. Previously occupied by Walmart, generating approximately $13 million in annual sales until 2007, this location benefits from high visibility on the South Red River Expressway, with excellent access to Interstate 44, US Highway 281, and US Highway 277. The property features ample parking with 298 spaces and is zoned C/B (Commercial Business District). Burkburnett's strategic location, approximately 10 miles north of Wichita Falls and equidistant between Dallas and Oklahoma City, provides access to a substantial regional trade area exceeding 400,000 people. The presence of Sheppard Air Force Base, a major employer with nearly 16,000 personnel, further strengthens the area's economic vitality. This is a prime opportunity to capitalize on a high-traffic location with a proven track record in a growing market. The single building is comprised of multiple tenancies.

Location Insight

City

Burkburnett

County

Wichita

State

Texas

Longitude

-98.5591

Latitude

34.0921

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments