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  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001397076</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001527541</issuerCik>
      <issuerName>Wheeler Real Estate Investment Trust, Inc.</issuerName>
      <secFileNumber>001-35713</secFileNumber>
      <issuerAddress>
        <com:street1>RIVERSEDGE NORTH</com:street1>
        <com:street2>2529 VIRGINIA BEACH BLVD., SUITE 200</com:street2>
        <com:city>VIRGINIA BEACH</com:city>
        <com:stateOrCountry>VA</com:stateOrCountry>
        <com:zipCode>23452</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>757-627-9088</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Stilwell Value LLC</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>10% Stockholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Series B Convertible Preferred Stock </securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Raymond James &amp; Associates</name>
        <address>
          <com:street1>880 Carillon Parkway</com:street1>
          <com:city>St. Petersburg</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>33716</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>14955</noOfUnitsSold>
      <aggregateMarketValue>59820.00</aggregateMarketValue>
      <noOfUnitsOutstanding>3096018</noOfUnitsOutstanding>
      <approxSaleDate>07/03/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Series B Convertible Preferred Stock </securitiesClassTitle>
      <acquiredDate>01/03/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Shares received in lieu of interest payment</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>817085</amountOfSecuritiesAcquired>
      <paymentDate>01/03/2023</paymentDate>
      <natureOfPayment>Interest payment received</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stilwell Activist Investments, L.P.</name>
        <address>
          <com:street1>111 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10006</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Series B Convertible Preferred Stock</securitiesClassTitle>
      <saleDate>05/27/2025</saleDate>
      <amountOfSecuritiesSold>871</amountOfSecuritiesSold>
      <grossProceeds>3484.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stilwell Activist Investments, L.P.</name>
        <address>
          <com:street1>111 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10006</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Series B Convertible Preferred Stock	</securitiesClassTitle>
      <saleDate>06/04/2025</saleDate>
      <amountOfSecuritiesSold>10338</amountOfSecuritiesSold>
      <grossProceeds>41352.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stilwell Activist Investments, L.P.</name>
        <address>
          <com:street1>111 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10006</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Series B Convertible Preferred Stock	</securitiesClassTitle>
      <saleDate>06/04/2025</saleDate>
      <amountOfSecuritiesSold>2344</amountOfSecuritiesSold>
      <grossProceeds>9376.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stilwell Activist Investments, L.P.</name>
        <address>
          <com:street1>111 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10006</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Series B Convertible Preferred Stock	</securitiesClassTitle>
      <saleDate>06/04/2025</saleDate>
      <amountOfSecuritiesSold>1492</amountOfSecuritiesSold>
      <grossProceeds>5968.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>07/03/2025</noticeDate>
      <signature>Maressia Rooks-Bailey, as duly authorized representative of Raymond James &amp; Associates, Inc., as attorney-in-fact for Corissa Porcelli (Stilwell Value</signature>
    </noticeSignature>
  </formData>
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