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First-Generation Retail Space
For Lease
$25 SF/Yr

2408 98th St., Lubbock, TX 79423

First-gen retail space in a new development center with delivery planned for end of Q1 2025.

Space SizeContact for details
Property Size7,150 SF
Days on Market9

Property Features for 2408 98th St.

General Information

Standard status Active
Size 7,150 SF
Property subtype Retail - Street Retail
Lease Type SF/yr

Building Details

Building Size 7,150 SF
Year Built 2018
Listing Agency: Brad Andrews Realty
Listed By: Seth Watts
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Aug 2 at 3:39AM

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

Investment Insights

Based on property information with market context.

This first-generation retail space is part of a new retail development center near the corner of 98th & University. Construction is about to begin, with delivery to tenants planned for the end of Q1 2025.

The property is positioned just east of the intersection and is directly across the street from a Walmart Neighborhood Market, providing a built-in retail adjacency.

For tenants looking to secure new retail space early in the development timeline, this offering centers on first-gen delivery timing and a prominent, nearby national retail anchor.

Key Highlights

  • First‑gen retail space in a new retail development center
  • Delivery planned for end of Q1 2025
  • Located just east of the corner of 98th & University

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.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

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 - First-gen retail space in a new development center with delivery planned for end of Q1 2025.
Where is this storefront property located?
The property is located at 2408 98th St. Lubbock, TX.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: First‑gen retail space in a new retail development center; Delivery planned for end of Q1 2025; Located just east of the corner of 98th & University
More about this property
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