Retail Storefront
5004 Slide Rd Lubbock, TX 79414
For Sale
Contact for pricing
Retail storefront property offered for sale with approximately 2,492 square feet of space.
Property Size2,492 SF
Price / SF$270.87
Days on Market136
Property Features for 5004 Slide Rd
General Information
- Standard status
- Active
- Size
- 2,492 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing Agency:
SRS National Net Lease Group
Listed By:
Steven Roberts · License #CA 02046646
Source:
Crexi
Added: Mar 11
Changed: Jul 23
Last Checked: Jul 23 at 5:24AM
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 SRS National Net Lease Group
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and totals approximately 2,492 square feet of retail space.
The asset is located at 5004 Slide Rd, Lubbock, TX 79414.
With its dedicated retail configuration, the property is suited for businesses looking for a storefront-style setup within an established retail format.
The asset is located at 5004 Slide Rd, Lubbock, TX 79414.
With its dedicated retail configuration, the property is suited for businesses looking for a storefront-style setup within an established retail format.
Key Highlights
- Retail storefront property built in 1996
- Approximately 2,492 SF of retail space
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $15.00 |
| − Vacancy | −$3.0k | −$1.20 |
| EGI | $34.4k | $13.80 |
| − OpEx | −$10.3k | −$4.14 |
| NOI | $24.1k | $9.66 |
2,492 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$343.9K
$300.9K – $401.2K
NOI $24,073 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$628.2K
$549.7K – $733.0K
NOI $43,977 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail storefront property offered for sale with approximately 2,492 square feet of space.
Where is this retail space located?
The property is located at 5004 Slide Rd Lubbock, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Retail storefront property built in 1996; Approximately 2,492 SF of retail space
