Retail/Office Building on Slide
10301 Slide Road Lubbock, TX 79424
10301 Slide Road, Lubbock, TX, 79424
$2,800,000
For Sale
$2,800,000
10,450 SF commercial building with high visibility and accessibility.
Property Size10,450 SF
Price / SF$267.94
Days on Market186
Property Features for 10301 Slide Road
General Information
- Standard status
- Active
- Size
- 10,450 SF
- Property subtype
- OFC, SCR
Building Details
- Year Built
- 2009
Listing Agency
KW Commercial Lubbock
(806) 392-0578
Listed by
Jeremy Steen · License #685530
Source
Realnex
Added: Jan 12 Checked: Jul 10 at 3:54 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Lubbock
Investment Insights
Based on property information with market context.
This 10,450 square foot commercial building offers visibility and accessibility along Slide Road. The property is divisible into suites starting at 1,500 square feet, providing flexibility for retail or office tenants. The location benefits from foot traffic and consumer draw. The building is suitable for retail, professional office, or service-oriented users seeking a high-profile presence. The property is surrounded by businesses including Sonic Drive-In, UMC Health and Wellness Center, Torchy’s Tacos, Sherwin-Williams, Summer Moon Coffee, Woodhouse Spa, Jersey Mike’s, and The Plaza Restaurant. Existing parking is ample with additional parking available to the east.
Key Highlights
- Exceptional visibility and accessibility on Slide Road, a highly desirable commercial corridor.
- Divisible into suites starting at 1,500 square feet, offering flexible space configurations.
- High foot traffic and strong consumer draw due to the location.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.8k | $15.00 |
| − Vacancy | −$12.5k | −$1.20 |
| EGI | $144.2k | $13.80 |
| − OpEx | −$43.3k | −$4.14 |
| NOI | $100.9k | $9.66 |
10,450 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,947 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.31M – $3.07M
NOI $184,413 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Master Cleaners - Dry ...
(Bike/Boat/Book/etc) Store
Lubbock Family Dog ...
Animal Training
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 10,450 SF commercial building with high visibility and accessibility.
Where is this retail space located?
The property is located at 10301 Slide Road Lubbock, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Exceptional visibility and accessibility on Slide Road, a highly desirable commercial corridor.; Divisible into suites starting at 1,500 square feet, offering flexible space configurations.; High foot traffic and strong consumer draw due to the location.
