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Open-Plan Retail Space
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5916 W Loop 289, Lubbock, TX 79424

The property combines a flexible interior, loading access, extensive parking, and proximity to retail, hotels, and Texas Tech University.

Space Size30,315 SF
Lot Size3.15 Acres
Days on Market376

Property Features for 5916 W Loop 289

General Information

Standard status Active
Size 30,315 SF
Lot size 3.15 Acres
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 5916 W Loop 289 Contact us

High-Visibility Retail Big Box $12/SF/Yr

Size
30,315 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
This former Best Buy offers a versatile, open-concept floor plan with excellent functionality,...
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Listing Agency: NAI Wheelhouse
Listed By: Shannon Powell · License #767517
Source: Moodyscre
Added: Aug 21, 2025 Changed: Aug 30 Last Checked: Aug 31 at 5:13PM

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 NAI Wheelhouse

Investment Insights

Based on property information with market context.

Available for lease, this 30,315-square-foot retail property occupies 3.145 acres and features an open interior configuration suited to large-format commercial operations. The improvements include two truck wells, two grade-level doors, and a substantial on-site parking field. The property previously operated as a Best Buy.

The site is positioned at Loop 289 and Spur 327, with access to surrounding retail, hotels, and other major traffic generators. Turning Point Community Church is next door, while Texas Tech University, South Plains Mall, and Lubbock’s retail corridor are located minutes away. The combination of interior scale, loading infrastructure, parking, and regional access supports a range of retail and commercial occupancy concepts identified for the property.

Key Highlights

  • 30,315 SF retail property on 3.145 acres
  • Two truck wells and two grade‑level doors
  • Large on‑site parking field

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Parking Lot & Garage

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Leisure 23% Shops & Services 22% Apparel 17%
SONIC Drive In Dining
17,425 visits/mo 0.4 miles
Cinemark Southwest Lubbock Movies 16 and XD Leisure
13,625 visits/mo 0.1 miles
Dollar General Shops & Services
10,506 visits/mo 0.4 miles
Goodwill Apparel
10,018 visits/mo 0.1 miles
SUBWAY Dining
3,150 visits/mo 0.3 miles

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$18.56 /SF/Yr
Avg Asking Price
$10–$28 /SF/Yr
Price Range
6,028 SF
Avg Space Size

This space is priced 35% below the average of $18.56 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The property combines a flexible interior, loading access, extensive parking, and proximity to retail, hotels, and Texas Tech University.
Where is this retail space located?
The property is located at 5916 W Loop 289 Lubbock, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 30,315 SF retail property on 3.145 acres; Two truck wells and two grade‑level doors; Large on‑site parking field
(281) 788-1758 Call to check price and availability
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