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Development-Ready Retail Pad Site

505 Milwaukee Ave, Lubbock, TX 79416

For Lease
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Development-ready retail pad with existing dirt pad, parking areas, and access, anchored by a nearby 60,000 SF supermarket.

Space Size71,020 SF
Days on Market1208

Property Features for 505 Milwaukee Ave

General Information

Standard status Active
Size 71,020 SF
Property subtype LAND

Spaces For Lease

at 505 Milwaukee Ave
6313 4th St $19.50/SF/Yr
Floor 1
Size 71,020 SF
Type LAND
Availability AVAILABLE, Now
Sublease No
- This retail pad site is development-ready, anchored by a 60,000 SF United Supermarket. It features an adjacent 10,000-square-foot retail center, featuring a nail salon, dental office, and barber shop. This intersection continues to develop with the addition of retail, restaurants, and service centers, both existing and under construction, including Toot-N-Totum (a national c-store chain), Jiffy Lube, McDonald's, and Chase Bank. Minimal site work required - existing dirt pad, parking area(s), and access already in place.
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Listing Agency: GRACO Real Estate Development, Inc.
Listed By: Tucker Wentz
Source: Moodyscre
Added: Jul 25, 2023 Changed: Oct 26 Last Checked: Nov 12 at 10:07AM

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 GRACO Real Estate Development, Inc.

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Investment Insights

Based on property information with market context.

Development-ready retail pad site offered for lease with existing dirt pad, parking areas, and access already in place, reducing the amount of new site work required. The location is anchored by a 60,000 SF United Supermarket and is adjacent to a 10,000-square-foot retail center featuring a nail salon, dental office, and barber shop.

The intersection continues to add commercial uses, with both existing tenants and projects under construction including Toot-N-Totum, Jiffy Lube, McDonald’s, and Chase Bank. The surrounding mix supports a built-out retail and services environment at 505 Milwaukee Ave, Lubbock, TX 79416.

Key Highlights

  • Development‑ready retail pad site with existing dirt pad, parking areas, and access already in place
  • Anchored by a nearby 60,000 SF United Supermarket
  • Adjacent 10,000 SF retail center includes a nail salon, dental office, and barber shop

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply Nail Salon

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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 79416, TX

36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Lubbock

Jul
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Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Development-ready retail pad with existing dirt pad, parking areas, and access, anchored by a nearby 60,000 SF supermarket.
Where is this commercial land located?
The property is located at 505 Milwaukee Ave Lubbock, TX.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Development‑ready retail pad site with existing dirt pad, parking areas, and access already in place; Anchored by a nearby 60,000 SF United Supermarket; Adjacent 10,000 SF retail center includes a nail salon, dental office, and barber shop
(806) 745-9718 · Office Call to check price and availability
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