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Parkway Shopping Center Retail Opportunity
For Lease
$10 SF/Yr

1805 Parkway Dr, Lubbock, TX 79403

Retail spaces available in high-traffic shopping center with flexible leasing.

Space Size14,578 SF
Property Size26,730 SF
Days on Market276

Property Features for 1805 Parkway Dr

General Information

Standard status Active
Size 14,578 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 26,730 SF
Year Built 1964

Spaces For Lease

at 1805 Parkway Dr Contact us

up to 14,578 SF $10 – $12/SF/Yr

Size
14,578 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Levi Murphy · License #TX #840467
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 14 Last Checked: Aug 23 at 4:19AM

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 Levi Murphy

Investment Insights

Based on property information with market context.

Parkway Shopping Center provides flexible leasing options with spaces available up to 14,578 square feet. The center is anchored by a new Dollar Tree and will soon feature a freestanding AutoZone, which is expected to increase traffic. The property benefits from new roof improvements and white box delivery, allowing for customization for retail, office, or flex use. The location offers prominent visibility and convenient access from Parkway Drive, a major arterial road, and is near Marsha Sharp Freeway and I-27 for regional connectivity. The surrounding trade area is densely populated with over 80,000 residents within a 5-mile radius. The property is positioned to support business growth.

Key Highlights

  • High traffic location anchored by Dollar Tree and future AutoZone.
  • Excellent visibility and easy access from Parkway Drive.
  • Flexible leasing opportunities with spaces up to 14,578 SF.

Property Analytics

Current Use

Watermill Express Big Box & Wholesale Store Wiley's Bar-B-Que Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Groceries 40% Dining 9% Electronics 6%
United Supermarkets Groceries
19,662 visits/mo 0.3 miles
Dollar Tree Shops & Services
8,174 visits/mo 0.1 miles
Dollar General Shops & Services
5,026 visits/mo 0.1 miles
Family Dollar Shops & Services
4,281 visits/mo 0.4 miles
7-Eleven Shops & Services
3,354 visits/mo 0.2 miles

Demographics for 79403, TX

15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$19 /SF/Yr
Avg Asking Price
$6–$28 /SF/Yr
Price Range
7,686 SF
Avg Space Size

This space is priced 47% below the average of $19 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM 2630 Parkway Dr Albertsons, Lubbock, TX 79403

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in high-traffic shopping center with flexible leasing.
Where is this shopping center located?
The property is located at 1805 Parkway Dr Lubbock, TX.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High traffic location anchored by Dollar Tree and future AutoZone.; Excellent visibility and easy access from Parkway Drive.; Flexible leasing opportunities with spaces up to 14,578 SF.
More about this property
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