Shadow-Anchored Shopping
For Sale
Contact for pricing
Pending
116 W Loop 289, Lubbock, TX 79416
Multi-tenant retail center with triple-net leases and a fully built-out restaurant space becoming available.
Property SizeContact for details
Days on Market144
Property Features for 116 W Loop 289
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
CBRE Dallas Park Lane
Listed By:
Jared Aubrey · License #TX 586069
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:19AM
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 CBRE Dallas Park Lane
Investment Insights
Based on property information with market context.
This shopping center includes a multi-tenant retail lineup with triple-net lease structures and a fully built-out restaurant space tied to an expiring West Crust Pizza lease. The property is shadow-anchored by Alamo Drafthouse and includes tenants positioned across retail, dining, banking, and service uses. Existing construction is described as high quality, with lease rates identified as replaceable for future leasing decisions.
The center is located at 116 W Loop 289 in Lubbock, near Slide Road. Traffic counts exceed 22,880 vehicles per day on Loop 289 and 12,190 vehicles per day on Slide Road. The surrounding retail corridor includes United Supermarkets, Walgreens, Dollar Tree, Starbucks, Chick-fil-A, Raising Cane’s, Slim Chickens, Whataburger, Burger King, BigLots, and BBVA Bank. More than 158,000 people live within five miles, with expected population growth of nearly 5% by 2024.
The center is located at 116 W Loop 289 in Lubbock, near Slide Road. Traffic counts exceed 22,880 vehicles per day on Loop 289 and 12,190 vehicles per day on Slide Road. The surrounding retail corridor includes United Supermarkets, Walgreens, Dollar Tree, Starbucks, Chick-fil-A, Raising Cane’s, Slim Chickens, Whataburger, Burger King, BigLots, and BBVA Bank. More than 158,000 people live within five miles, with expected population growth of nearly 5% by 2024.
Key Highlights
- Shadow‑anchored by Alamo Drafthouse
- Fully built‑out restaurant space tied to an expiring West Crust Pizza lease
- Triple‑net lease structure across the tenant lineup
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
322k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 28%
Groceries 15%
Leisure 5%
McDonald's
Dining
34,835 visits/mo
0.3 miles
Whataburger
Dining
34,443 visits/mo
0.5 miles
United Supermarkets
Groceries
33,415 visits/mo
0.4 miles
Circle K
Shops & Services
27,362 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,054 visits/mo
0.4 miles
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with triple-net leases and a fully built-out restaurant space becoming available.
Where is this shopping center located?
The property is located at 116 W Loop 289 Lubbock, TX.
What are key features of this property?
This property features: Shadow‑anchored by Alamo Drafthouse; Fully built‑out restaurant space tied to an expiring West Crust Pizza lease; Triple‑net lease structure across the tenant lineup
