<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:01a13f64-73be-79be-a846-08dbf2598724,g:42e9b919-1f3b-4399-a692-72142b86a7ce-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.whlr.us/role/Cover" xlink:type="simple" xlink:href="whlr-20261013.xsd#Cover"/>
  <link:presentationLink xlink:role="http://www.whlr.us/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_01a13f64-73be-7529-a0c3-ce4988534fb6" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_01a13f64-73be-7a25-9036-8f8026453808" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_01a13f64-73be-7529-a0c3-ce4988534fb6" xlink:to="loc_dei_DocumentInformationTable_01a13f64-73be-7a25-9036-8f8026453808" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_01a13f64-73be-7df2-a089-0b66fe3e409f" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_01a13f64-73be-7a25-9036-8f8026453808" xlink:to="loc_us-gaap_StatementClassOfStockAxis_01a13f64-73be-7df2-a089-0b66fe3e409f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_01a13f64-73be-7df2-a089-0b66fe3e409f" xlink:to="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_01a13f64-73be-7f4e-bf64-6699b380cb26" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:to="loc_us-gaap_CommonStockMember_01a13f64-73be-7f4e-bf64-6699b380cb26" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SeriesBPreferredStockMember_01a13f64-73be-7aac-ab0a-a676597ac5fd" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeriesBPreferredStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:to="loc_us-gaap_SeriesBPreferredStockMember_01a13f64-73be-7aac-ab0a-a676597ac5fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SeriesDPreferredStockMember_01a13f64-73be-7899-8308-8aaa650fa784" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeriesDPreferredStockMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:to="loc_us-gaap_SeriesDPreferredStockMember_01a13f64-73be-7899-8308-8aaa650fa784" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleSubordinatedDebtMember_01a13f64-73be-7c98-95e2-aa88ce2055c4" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ConvertibleSubordinatedDebtMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_01a13f64-73be-73e8-aebf-6bbe3617957b" xlink:to="loc_us-gaap_ConvertibleSubordinatedDebtMember_01a13f64-73be-7c98-95e2-aa88ce2055c4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_01a13f64-73be-7a25-9036-8f8026453808" xlink:to="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_01a13f64-73be-7e7f-8cbc-e54a569375ed" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_DocumentType_01a13f64-73be-7e7f-8cbc-e54a569375ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_01a13f64-73be-780a-9fb4-b6cb4ff71f62" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_DocumentPeriodEndDate_01a13f64-73be-780a-9fb4-b6cb4ff71f62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_01a13f64-73be-759e-9d34-57ef0528438e" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityRegistrantName_01a13f64-73be-759e-9d34-57ef0528438e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_01a13f64-73be-744d-98ab-93ba882eacf6" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityIncorporationStateCountryCode_01a13f64-73be-744d-98ab-93ba882eacf6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_01a13f64-73be-7212-90cb-6b3bd680a399" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityFileNumber_01a13f64-73be-7212-90cb-6b3bd680a399" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_01a13f64-73be-7aea-ad38-c862d5e38b5d" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityTaxIdentificationNumber_01a13f64-73be-7aea-ad38-c862d5e38b5d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_01a13f64-73be-7666-b327-160d50e50f6e" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityAddressAddressLine1_01a13f64-73be-7666-b327-160d50e50f6e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_01a13f64-73be-7dd8-99ad-919c4f294486" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityAddressCityOrTown_01a13f64-73be-7dd8-99ad-919c4f294486" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_01a13f64-73be-78d4-9844-37101c11dce9" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityAddressStateOrProvince_01a13f64-73be-78d4-9844-37101c11dce9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_01a13f64-73be-7e29-8b3f-be23cf78818b" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityAddressPostalZipCode_01a13f64-73be-7e29-8b3f-be23cf78818b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_01a13f64-73be-74ac-853f-8cc793887d29" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_CityAreaCode_01a13f64-73be-74ac-853f-8cc793887d29" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_01a13f64-73be-759a-a745-7ed911cc03e0" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_LocalPhoneNumber_01a13f64-73be-759a-a745-7ed911cc03e0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_01a13f64-73be-7f82-b01d-46cf32ddad55" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_WrittenCommunications_01a13f64-73be-7f82-b01d-46cf32ddad55" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_01a13f64-73be-721f-9c19-9bdd0dbc3ba4" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_SolicitingMaterial_01a13f64-73be-721f-9c19-9bdd0dbc3ba4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_01a13f64-73be-7990-bced-87df77359903" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_PreCommencementTenderOffer_01a13f64-73be-7990-bced-87df77359903" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_01a13f64-73be-7c2d-8b5a-fd8caef8632b" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_01a13f64-73be-7c2d-8b5a-fd8caef8632b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_01a13f64-73be-7868-9eea-3aa2ae80ca2f" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityEmergingGrowthCompany_01a13f64-73be-7868-9eea-3aa2ae80ca2f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_01a13f64-73be-754a-a7be-20e6fe00337d" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_Security12bTitle_01a13f64-73be-754a-a7be-20e6fe00337d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_01a13f64-73be-712f-864b-a2a0ecc0e8f5" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_TradingSymbol_01a13f64-73be-712f-864b-a2a0ecc0e8f5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_01a13f64-73be-7f63-9ff1-6800d615f7da" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_SecurityExchangeName_01a13f64-73be-7f63-9ff1-6800d615f7da" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_01a13f64-73be-7acc-b7f5-8ad4950efc11" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_EntityCentralIndexKey_01a13f64-73be-7acc-b7f5-8ad4950efc11" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_01a13f64-73be-7992-bd72-7fd2531bc1d6" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_01a13f64-73be-7a56-bc65-a57dec649520" xlink:to="loc_dei_AmendmentFlag_01a13f64-73be-7992-bd72-7fd2531bc1d6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
