Search
Plaza 88 Shopping Center
For Sale
Contact for pricing

12406 Indiana Ave, Lubbock, TX 79423

Fully leased retail center with concrete parking and long-term NNN leases.

Property SizeContact for details
Days on Market141

Property Features for 12406 Indiana Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Alex Eberhardt · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:15PM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

Plaza 88 is a newly constructed shopping center at 12406 Indiana Ave in Lubbock, Texas. The property includes a concrete parking lot and is 100% occupied by Q'Doba, Moana Nail Salon, and TEGA Kids Gymnastics. Tenancies are structured as long-term NNN leases with escalations.

The center is positioned along the developing south Indiana Ave corridor, where new residential neighborhoods and commercial projects are being built. Construction has begun on Loop 88, also known as the Outer Loop, along the area currently identified as 130th Street or 1585. Indiana Ave in front of the center will not have medians, preserving direct ingress and egress.

Key Highlights

  • 100% occupied with long‑term NNN leases and escalations
  • Tenants include Q'Doba, Moana Nail Salon, and TEGA Kids Gymnastics
  • Newly constructed retail center with a concrete parking lot

Property Analytics

Current Use

JoJo Nail Lounge Nail Salon QDOBA Mexican Eats Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Shopping Center & Mall Dental Office Car Rental Facility Hotel & Motel

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby
114k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 27% Groceries 22% Beauty & Spa 2%
United Supermarkets Groceries
24,562 visits/mo 0.1 miles
Rosa's Cafe Dining
22,249 visits/mo 0.2 miles
Circle K Shops & Services
15,304 visits/mo 0.2 miles
SONIC Drive In Dining
14,679 visits/mo 0.2 miles
McDonald's Dining
14,425 visits/mo 0.1 miles

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM 12815 Indiana Ave Albertsons, Lubbock, TX 79423

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with concrete parking and long-term NNN leases.
Where is this shopping center located?
The property is located at 12406 Indiana Ave Lubbock, TX.
What are key features of this property?
This property features: 100% occupied with long‑term NNN leases and escalations; Tenants include Q'Doba, Moana Nail Salon, and TEGA Kids Gymnastics; Newly constructed retail center with a concrete parking lot
(806) 577-3032 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message