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    1923 Marsha Sharp Fwy Lubbock, TX 79415

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    For Lease
    $12 SF/Yr ($2,640 /Mo)

    Retail spaces near Texas Tech University and Downtown Lubbock.

    Property size:
    2,640 SF
    Lot size:
    1.51 Acres

    Property Features for 1923 Marsha Sharp Fwy

    General Information

    Size
    2,640 SF
    Lot size
    1.51 Acres

    Source: Keller Williams Commercial Lubbock Agent Jeremy Steen

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

    Overview

    Retail Center Near Texas Tech

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cheong Andrew DDS Dentist Thomas Jeffrey a DDS Dentist Phung Long N ... Dentist Melanson Michael P ... Pediatric Dentist Allington Dental Dentist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.85955
    Latitude
    33.5920537

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    FAQs

    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.
    (806) 392-0578
    Request Owner's contact information
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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
    1923 Marsha Sharp Fwy Lubbock, TX 79415
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