QUAIL CREEK CROSSING – WICHITA FALLS, TX

Wichita Falls, TX

Price $33,273,000
Cap Rate 7.25%
TYPE Multi-Tenant
STATUS Available
Tenant Multi-Tenant
LEASE TYPE N/A
SQUARE FEET 157,927
YEAR BUILT 2007 | 2011
CONTACT Jessica Zahn Gibson
602-770-7145
[email protected]

Property Description

Quail Creek Crossing Shopping Center is a ±157,927 SF power center, situated on a large ±20.62-acre lot located at 3201 Lawrence Road in Wichita Falls, Texas. The property is 100% Occupied with an excellent national tenant mix including Academy Sports+Outdoors, HomeGoods, PetSmart, Michaels, Five Below & Office Depot.

This Center is located in the dominant retail corridor in the market with over 2,700,000 visitors annually. Placer.ai data has it ranked in the 80% percentile for shopping centers in Texas and in the 75% of all shopping centers Nationally. This is the #1 Shopping Center within a 50 miles radius.

Strong Demographics show in 2023 a 10-mile population of 116,033 residents with an average household income of $82,091 (3-mile average of $86,067).

Property Highlights

  • A+ real estate & visibility within the trade area -situated on the signalized hard corner where traffic counts exceed 61,428 CPD!
  • #1 Shopping Center in the region (over 50 miles) with 2,700,000 visitors annually
  • Approximately 21/2 hours south of Oklahoma City, Oklahoma and 2 hours northwest from the Dallas/Fort Worth International Airport
  • • Lawrence Rd - 25,102 CPD
    • Kemp Blvd - 36,326 CPD
    • Call Field Rd - 17,680 CPD
    • US Hwy 82 - 49,989 CPD
  • 100% Occupied, Seasoned Center
  • Great tenant mix of national credit tenants with solid credit ratings & positive stable outlooks include: HomeGoods, Michaels, Ulta Beauty, PetSmart, Old Navy, Five Below
  • Over 85% of the tenant roster has occupied the center since inception.