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    5001 Marsha Sharp Fwy Lubbock, TX 79407

    For Lease
    $15 SF/Yr ($12,265 /Mo)

    Recently remodeled retail center with high visibility and modern suites.

    Property size:
    9,812 SF
    Lot size:
    8.76 Acres

    Property Features for 5001 Marsha Sharp Fwy

    General Information

    Size
    9,812 SF
    Lot size
    8.76 Acres

    Source: NAI Wheelhouse Agent Shannon Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Retail Center Near Freeway

    This recently remodeled retail center is anchored by Planet Fitness and Ollie’s. The property features modernized suites equipped with slab, demising walls, plumbing, electrical, and ADA restrooms. Located just off Marsha Sharp Freeway and 34th Street, the property benefits from a high-visibility location along one of Lubbock’s busiest corridors. The second-generation building offers a refreshed environment due to extensive renovations and upgrades. The property has a size of 9812 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Canyon West, Ross

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9196894
    Latitude
    33.564962

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    FAQs

    What type of property is this?
    Shopping center - Recently remodeled retail center with high visibility and modern suites.
    Where is this shopping center located?
    The property is located at 5001 Marsha Sharp Fwy Lubbock, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by Planet Fitness and Ollie’s, providing established customer traffic.; - High-visibility location off Marsha Sharp Freeway and 34th Street.; - Recently remodeled with modernized suites.
    (281) 788-1758
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5001 Marsha Sharp Fwy Lubbock, TX 79407
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