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Medical Office Building with Long-Term Tenant
For Sale
Contact for pricing
Pending

3611 50th St, Lubbock, TX 79424

Office building in Lubbock leased to West Texas Eye Associates since 1998, located on a major Loop 289 corridor.

Days on Market112

Property Features for 3611 50th St

General Information

Standard status Pending
Property subtype Office

Site & Location

Traffic Count 28,000 vehicles/day
Highway Access Yes
Listing Agency: TREK Investment Group
Listed By: Parker Carroll · License #TX 574702
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 4:58PM

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 TREK Investment Group

Investment Insights

Based on property information with market context.

A medical office building for sale at 3611 50th St in Lubbock, Texas. The property is occupied by West Texas Eye Associates, a long-term stable tenant serving Lubbock since 1998 with four locations.

The clinic is positioned on a major corridor inside Loop 289 with 28,000+ vehicles per day. It is approximately 2 miles from Lubbock’s Medical District and about 3 miles from Texas Tech University, set within a dense retail and income-strong area.

The property is shadowed by Sutherlands and surrounded by national and regional retailers including Dollar General, CVS, United Supermarkets, Starbucks, Sonic, and others.

Key Highlights

  • Office building in Lubbock leased to West Texas Eye Associates since 1998
  • Tenant is West Texas Eye Associates, serving Lubbock since 1998 with 4 locations
  • Located on a major Loop 289 corridor with 28,000+ VPD

Property Analytics

Current Use

West Texas Eye ... Eye Care Center Shihab Zuhair M ... Ophthalmologist William Boothe Ophthalmologist Dr. Mark Sherman Ophthalmologist Omar Shoukfeh Ophthalmologist

Suggested Use

Top Pick Law Firm Auto Parts Store Daycare Center Bakery Building Supply Grocery & Convenience Store

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

28,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Office building in Lubbock leased to West Texas Eye Associates since 1998, located on a major Loop 289 corridor.
Where is this medical office space located?
The property is located at 3611 50th St Lubbock, TX.
What are key features of this property?
This property features: Office building in Lubbock leased to West Texas Eye Associates since 1998; Tenant is West Texas Eye Associates, serving Lubbock since 1998 with 4 locations; Located on a major Loop 289 corridor with 28,000+ VPD
(512) 400-0458 Call to check price and availability
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