Parker Square Shopping Center is a 94,532‑square‑foot multi-tenant community center situated on approximately 11.91 acres in the heart of one of Wichita Falls’ dominant retail corridors. The property is 97 percent occupied and features a diverse mix of national, regional, and local tenants operating under triple-net lease structures, minimizing landlord responsibilities. Anchored by Crunch Fitness—which represents 43 percent of the gross leasable area—and shadow‑anchored by a Cinemark Theatre, the center benefits from consistent daily traffic and strong co-tenancy. Recent capital improvements, including approximately $80,000 in roof replacements, enhance long-term operational stability.
The subject property is located in the heart of Wichita Falls’ primary retail corridor, providing exceptional visibility and access within one of the city’s most established commercial nodes. Kemp Boulevard serves as the dominant north-south arterial in the region, lined with national retailers such as Target, ALDI, Home Depot, Academy Sports, and Walmart, as well as a dense concentration of QSR, banking, and service-oriented tenants.
- 94,532-Square-Foot, Multi-Tenant Community Center with Upside | 97% Occupied | All Leases are Triple-Net
- Strong Gym Anchor and Tenant Base | Crunch Fitness Occupies 43% of the GLA | 68% of GLA is Leased to National or Regional Tenants
- Shadow-Anchored by Cinemark Theatres | Other Adjacent Pad Sites Include Applebee’s, First Capital Bank of Texas, and Union Square Credit Union (Not a Part)
- Landlord Reports Roughly $80,000 in Recent Roof Replacement
- Prime Location on the Signalized Intersection of Kell E Boulevard (Highway 277 Access Road) and Kemp Boulevard | Excellent Freeway Visibility
- Wichita Falls is Home to Sheppard Air Force Base, the Largest and Most Diversified Training Center in Air Education and Training Command | 20,000 Permanent Military Members and Support Personnel | Hosts more than 70,000 Airmen and Personnel for Training Annually
