First-Generation Retail
2408 98th St., Lubbock, TX 79423
For Lease
$25 SF/Yr
First-gen retail space in a new development center with delivery planned for end of Q1 2025.
Space Size7,150 SF
Days on Market108
Property Features for 2408 98th St.
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Spaces For Lease
at 2408 98th St.
98th St. Retail Space
$25/SF/Yr
Size
7,150 SF
Type
Street Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Listing Agency:
Brad Andrews Realty
Listed By:
Seth Watts · License TX #788882
(806) 470-8662
Source:
Commercialcafe
Added: Jul 26
Changed: Nov 6
Last Checked: Nov 10 at 5:36AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 59%
Shops & Services 41%
Walmart Neighborhood Market
Groceries
34,717 visits/mo
0.2 miles
Stripes
Shops & Services
8,609 visits/mo
0.1 miles
Dollar General
Shops & Services
8,148 visits/mo
0.1 miles
Phillips 66
Shops & Services
5,107 visits/mo
0.1 miles
Conoco
Shops & Services
2,220 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
Properties on Market for Storefront properties in Lubbock
Vacancy Rate% for Retail in South region
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
