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5905 82Nd St Lubbock, TX 79424

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For Sale
$5,700,000

25,560 SF retail center in a high-traffic Lubbock location.

Property size:
25,560 SF
Lot size:
5.22 Acres

Property Features for 5905 82Nd St

General Information

Size
25,560 SF
Lot size
5.22 Acres

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Listing Contact
Scott Abeel
Scott Abeel
Source: Moodyscre

Listing Agent: Scott Abeel

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

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Overview

Lubbock Retail Center For Sale

Mira Vista Shopping Center is a 25,560-square-foot, multi-tenant retail center located in a densely populated area of Lubbock, Texas. Constructed in 2004, the center is situated on 3.31 acres with ample paved parking. Both buildings have a metal roof, and The Soda Shack suite features a drive-through window. A double-sided pylon sign positioned at the property entrance provides additional exposure. The center is currently 100 percent leased, and 88 percent of the gross leasable area is on triple-net terms. Tenants are a complementary mix of service-oriented businesses, including Asian Food Market, A+ Massage, Expo Nails & Spa, Apex Threading, The Soda Shack, Adam & Eve, Yamagata Japanese Steakhouse, Locker Room Haircuts, Papa John's Pizza, Le Chic Boutique, and Gas Bunny. Additional income is derived from an ATM leased to Amarillo National Bank located in the subject property's parking lot. The subject property is located on 82nd Street, near the signalized intersection with Frankford Avenue, where traffic counts exceed 46,600 vehicles per day. Adjacent pad sites include Pinkie's Liquor and Covenant Medical Group. Shadowed by United Supermarkets, other neighboring retailers include Pet Supplies Plus, AutoZone, Walmart Supercenter, Dollar Tree, Whataburger, Chick-fil-A, Take 5 Oil Change, Ace Hardware, and Harbor Freight Tools. The average household income is $109,165 within a one-mile radius; $100,097 within a three-mile radius; and $91,480 within a five-mile radius. The population is 177,485 within a five-mile radius.
Location Intelligence

Current Use by Public Records

Yamagata Japanese Steak ... Japanese Restaurant Papa John's Pizza Pizza Restaurant Simply Decadent Bakery Bakery Pro Cleaners Dry Cleaner GAS BUNNY SMOKE ... Vaporizer Store

Suggested Use

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

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

Similar Places Nearby

Kingsgate Center North, Kingsgate Center North, The Village Shopping Center, Roman Oaks Center, Lakeridge Plaza

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.942309
Latitude
33.519641

FAQs

What type of property is this?
Shopping center - 25,560 SF retail center in a high-traffic Lubbock location.
Where is this shopping center located?
The property is located at 5905 82Nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: - 100% leased multi-tenant retail center providing immediate income.; - Shadow-anchored by a grocer (United Supermarkets).; - Located on 82nd Street with high traffic counts exceeding 46,600 vehicles per day.
More about this property
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