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First-Gen Retail Development Site
For Sale
Contact for pricing
Pending

2408 98th St, Lubbock, TX 79423

New first-generation retail space is slated for delivery in Q1 2023, directly across from a Walmart Neighborhood Market.

Property SizeContact for details
Days on Market121

Property Features for 2408 98th St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Brad Andrews Realty, LLC
Listed By: Brice Kelly · License #TX 643555
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 11:48AM

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 Brad Andrews Realty, LLC

Investment Insights

Based on property information with market context.

This new retail development site offers first-generation space that can be delivered to tenants in Q1 of 2023. The offering is positioned as a ground-level retail option within the development.

The property is located near the corner of 98th & University and sits directly across the street from a Walmart Neighborhood Market, creating an established retail adjacency.

As a retail development opportunity for sale, it is designed to accommodate first-gen tenant buildouts as part of the scheduled delivery timeline.

Key Highlights

  • New retail development site near the corner of 98th & University
  • First‑gen space delivery is slated for Q1 2023
  • Directly across the street from a Walmart Neighborhood Market

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Nail Salon Gym & Fitness Center

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

261
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 50% Shops & Services 27% Superstores 21% Dining 2%
Kohl's Apparel
58,347 visits/mo 0.3 miles
Big Lots Superstores
24,722 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,153 visits/mo 0.3 miles
Phillips 66 Shops & Services
5,224 visits/mo 0.2 miles
The UPS Store Shops & Services
4,850 visits/mo 0.5 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
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Frequently Asked Questions

What type of property is this?
Storefront property - New first-generation retail space is slated for delivery in Q1 2023, directly across from a Walmart Neighborhood Market.
Where is this storefront property located?
The property is located at 2408 98th St Lubbock, TX.
What are key features of this property?
This property features: New retail development site near the corner of 98th & University; First‑gen space delivery is slated for Q1 2023; Directly across the street from a Walmart Neighborhood Market
More about this property
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