Listing Agency: Westar Commercial Realty Show Phone

Listed By: David Bloodworth · License #529824 Show Phone

Source: Moodyscre

Added: Aug 31, 2022 Changed: Oct 3 Last Checked: Oct 24 at 8:33PM

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Investment Insights

Based on property information with market context.

This 5,625 square-foot strip center, built in 1955, is situated on a 9,488 square-foot lot. The property features four units, all of which are currently leased. Located on 34th Street in central Lubbock, the property benefits from a high-traffic location, presenting a great opportunity for investors.

Key Highlights

• Great investor opportunity with four units currently leased.
• Located in central Lubbock in a high traffic area.
• Total building size of 5,625 SF.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Pharmacy Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

594

Businesses Nearby

51k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 53% Dining 34% Apparel 11% Electronics 2%

SONIC Drive In Dining

17,545 visits/mo 0.4 miles

Toot'n Totum Shops & Services

15,236 visits/mo 0.3 miles

Goodwill Apparel

5,619 visits/mo 0.3 miles

Family Dollar Shops & Services

5,329 visits/mo 0.4 miles

7-Eleven Shops & Services

3,883 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Strip center in high-traffic area, great investor opportunity.

Where is this strip mall located?

The property is located at 2225-2231 34th St Lubbock, TX.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Great investor opportunity with four units currently leased.; Located in central Lubbock in a high traffic area.; Total building size of 5,625 SF.