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Retail and Office Space Available
For Lease
$12.50 SF/Yr

8004 Indiana Avenue, Lubbock, TX 79423

Lease space for office, retail, or service providers.

Space Size3,600 SF - 4,020 SF
Property Size85,292 SF
Days on Market158

Property Features for 8004 Indiana Avenue

General Information

Standard status Active
Size 3,600 SF - 4,020 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 85,292 SF
Year Built 1984

Spaces For Lease

at 8004 Indiana Avenue Contact us

Suite A-10 $12.50/SF/Yr

Size
3,600 SF
Type
Neighborhood Center
Term
Negotiable
Contact us

Suite B-15 $12.50/SF/Yr

Size
4,020 SF
Type
Neighborhood Center
Term
Negotiable
Contact us
Listing Agency: WestMark Commercial
Listed By: David Haymes, CCIM · License #TX #0618395-SA
Source: Westmarkcommercial
Added: Mar 26 Changed: Aug 26 Last Checked: Aug 29 at 8:36AM

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.

Melonie Square Shopping Center provides lease opportunities suitable for office, retail, or service providers. Qualified tenants can readily obtain build-out options and lease concessions. Signage opportunities include a marquee sign and exterior facade sign. The property is located adjacent to a Taco Villa and a First Bank and Trust auto bank.

Key Highlights

  • Lease space suitable for office, retail, or service providers.
  • Build out option available.
  • Lease concessions easily obtained for qualified tenant.

Property Analytics

Current Use

All American Vinyl (Bike/Boat/Book/etc) Store Western Union Bank National Health Care ... Home Health Care Service Dollar General Discount Store Venice Nails Spa Nail Salon

Suggested Use

Top Pick Law Firm Building Supply Restaurant Parking Lot & Garage Auto Repair Shop Storage Facility

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,381
Businesses Nearby

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

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 32% 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 - Lease space for office, retail, or service providers.
Where is this retail space located?
The property is located at 8004 Indiana Avenue Lubbock, TX.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Lease space suitable for office, retail, or service providers.; Build out option available.; Lease concessions easily obtained for qualified tenant.
More about this property
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