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Retail Space Near Texas Tech
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2435 24th St, Lubbock, TX 79411

The setting is suited to service-oriented retail, professional office, and boutique concepts.

Space Size3,270 SF
Days on Market119

Property Features for 2435 24th St

General Information

Standard status Active
Size 3,270 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Spaces For Lease

at 2435 24th St Contact us

High Visibility Retail/Office $10.28/SF/Yr

Size
3,270 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Position your business along the University Avenue corridor, just steps from Texas...
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Listing Agency: The Powell Group
Listed By: David Powell, CCIM · License #257988
Source: Moodyscre
Added: May 5 Changed: Aug 31 Last Checked: Aug 31 at 7:50AM

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 The Powell Group

Investment Insights

Based on property information with market context.

This 3,270-square-foot retail space is configured for service-oriented retail, professional office use, or a boutique concept. Its location at 24th Street and University Avenue places the property near Texas Tech University and within the Tech Terrace area.

The site fronts an active corridor serving a mix of students, residents, and neighborhood traffic. The surrounding setting is also positioned along routes used by nearby households and daily commuters. Under the lease terms, the tenant is responsible for maintenance, repairs, and liability insurance.

Key Highlights

  • 3,270 square feet of retail space
  • Located at 24th Street and University Avenue
  • Just steps from Texas Tech University

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center Auto Parts Store (Bike/Boat/Book/etc) Store Real Estate Agency

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 79411, TX

7,297
Population
3,474
Households
2.1
Avg Household Size
31
Median Age
22%
College-Educated
72%
High-School Grad
1.5 sq mi
ZIP Area
4,865
Density / Sq Mi
$44,866
Median Household Income
$24,493
Median Earnings
$942
Median Rent
$85,000
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$18.25 /SF/Yr
Avg Asking Price
$10–$28 /SF/Yr
Price Range
5,862 SF
Avg Space Size

This space is priced 44% below the average of $18.25 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The setting is suited to service-oriented retail, professional office, and boutique concepts.
Where is this retail space located?
The property is located at 2435 24th St Lubbock, TX.
What is the lease rate?
The lease rate is $10.28 SF/Yr.
What are key features of this property?
This property features: 3,270 square feet of retail space; Located at 24th Street and University Avenue; Just steps from Texas Tech University
(806) 239-0804 Call to check price and availability
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