Renovated Retail-to-Office
For Sale
Contact for pricing
7412 University Ave, Lubbock, TX 79423
Renovated center with a tenant mix, ample parking, and a combination of NNN and modified gross leases.
Property SizeContact for details
Days on Market124
Property Features for 7412 University Ave
General Information
Standard status
Active
Property subtype
Retail, Office
Building Details
Tenancy
Multi
Listing Agency:
WestMark Commercial
(806) 777-8114
Listed By:
Kelsey Zickefoose · License #TX 0724914
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 3:54PM
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 WestMark Commercial
Investment Insights
Based on property information with market context.
This well-established commercial property was originally developed as a large retail center and has been renovated over the past years to support service and office tenants. The center is maintained as a multi-tenant investment property and currently includes both occupied space and vacant areas being marketed for lease.
A portion of the tenants are on NNN leases, while additional tenants are on modified gross leases. The property also provides ample parking for tenants.
Vacant spaces are currently available for lease, offering an opportunity to expand the tenant lineup while maintaining the existing center configuration.
A portion of the tenants are on NNN leases, while additional tenants are on modified gross leases. The property also provides ample parking for tenants.
Vacant spaces are currently available for lease, offering an opportunity to expand the tenant lineup while maintaining the existing center configuration.
Key Highlights
- Renovated retail center repurposed for service and office tenants
- Tenant mix with 6 tenants on NNN leases
- 3 tenants on modified gross leases
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Renovated center with a tenant mix, ample parking, and a combination of NNN and modified gross leases.
Where is this shopping center located?
The property is located at 7412 University Ave Lubbock, TX.
What are key features of this property?
This property features: Renovated retail center repurposed for service and office tenants; Tenant mix with 6 tenants on NNN leases; 3 tenants on modified gross leases
