Retail Center Near Texas
For Lease
Contact for pricing
1923 Marsha Sharp Fwy, Lubbock, TX
Retail spaces near Texas Tech University and Downtown Lubbock.
Space Size1,320 SF
Lot Size1.51 Acres
Days on Market1876
Property Features for 1923 Marsha Sharp Fwy
General Information
Standard status
Active
Size
1,320 SF
Lot size
1.51 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1923 Marsha Sharp Fwy Contact us- Floor
- 1
- Size
- 1,320 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE
- Sublease
- No
Shopping Center Near TTU and Downtown $12/SF/Yr
Discover an exceptional opportunity within this retail center strategically situated...
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Listing Agency:
Keller Williams Commercial Lubbock
(806) 392-0578
Listed By:
Jeremy Steen · License #685530
(806) 392-0578
Source:
Moodyscre
Added: Jun 25, 2021
Changed: Aug 8
Last Checked: Aug 8 at 12:05PM
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 Keller Williams Commercial Lubbock
Investment Insights
Based on property information with market context.
This retail center offers an exceptional opportunity due to its strategic location near Texas Tech University and Downtown Lubbock. Fronting the access road to Marsha Sharp Freeway and neighboring a Walmart Supercenter, the center provides visibility and convenient access to major routes such as I27, US 82, and US 84. The west end-cap is a 1,400 square foot second-generation retail space with custom built-ins and servicing stations, formerly used as a technology and cell phone repair store. This suite has the flexibility to expand into the adjacent 2,640 square feet of first-generation inline space. Inline availability can range from 1,200 to 2,640 contiguous square feet. These shell spaces are ready for customization to fit the needs of their tenant. Tenant Improvement Allowance is negotiable. The property is suitable for both retail and office tenants, offering both shell spaces for customization and turnkey options.
Key Highlights
- Strategic location near Texas Tech University and Downtown Lubbock.
- Exceptional visibility fronting Marsha Sharp Freeway access road and neighboring Walmart Supercenter.
- Convenient access to major routes: I27, US 82, and US 84.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
222
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Sysco
Groceries
222 visits/mo
0.5 miles
Market
Lease Benchmarks for Lubbock, TX
$18.91 /SF/Yr
Avg Asking Price
$6–$28 /SF/Yr
Price Range
7,930 SF
Avg Space Size
This space is priced 37% below the average of $18.91 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces near Texas Tech University and Downtown Lubbock.
Where is this shopping center located?
The property is located at 1923 Marsha Sharp Fwy Lubbock, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Strategic location near Texas Tech University and Downtown Lubbock.; Exceptional visibility fronting Marsha Sharp Freeway access road and neighboring Walmart Supercenter.; Convenient access to major routes: I27, US 82, and US 84.
