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    6703 Milwaukee Ave Lubbock, TX 79424

    For Lease
    $21 SF/Yr ($17,500 /Mo)

    10,000 SF Retail/Office Space in Lubbock, TX

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 10,000-square-foot retail and office building is available for lease in southwest Lubbock, Texas. Located at 6703 Milwaukee Avenue, at the intersection of 66th St. & Milwaukee Ave., this single-story building offers a prime location with high visibility and traffic volume. The property benefits from its proximity to major thoroughfares including 82nd Street, Spur 327, and the Marsha Sharp Freeway, ensuring significant exposure to potential customers. The surrounding area boasts a vibrant mix of hotels, apartment complexes, and established national and regional retail businesses and restaurants, creating a strong customer base. Currently a shell space, this building provides the unique opportunity for complete customization to perfectly suit your business needs. A generous tenant improvement allowance of $25.00 per square foot is available to assist with build-out costs. The minimum leasable space is 1,500 square feet, with the entire 10,000 square feet available for a single tenant. This property presents a remarkable opportunity for businesses seeking a high-traffic location in a thriving area of Lubbock County, Texas, zip code 79424.

    Property Features for 6703 Milwaukee Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    17500

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Bldg F
    Size
    10,000 SF
    Rate per SF
    $21

    HighLights

    • 10,000 SF retail/office building available for lease in southwest Lubbock, TX.
    • Located at 6703 Milwaukee Ave., at the intersection of 66th St. & Milwaukee Ave., offering high visibility and traffic.
    • Excellent access to major thoroughfares (82nd St., Spur 327, Marsha Sharp Freeway).
    • Situated in a vibrant area with hotels, apartments, and established businesses, ensuring a strong customer base.
    • Currently shell space, allowing for complete customization; $25/SF tenant improvement allowance.
    • Minimum lease 1,500 SF; entire 10,000 SF available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9555114368
    Latitude
    33.534312020156

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    FAQs

    What type of property is this?
    Office Property Space - 10,000 SF Retail/Office Space in Lubbock, TX
    Where is this office property space located?
    The property is located at 6703 Milwaukee Ave Lubbock, TX.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF retail/office building available for lease in southwest Lubbock, TX.; Located at 6703 Milwaukee Ave., at the intersection of 66th St. & Milwaukee Ave., offering high visibility and traffic.; Excellent access to major thoroughfares (82nd St., Spur 327, Marsha Sharp Freeway).
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    6703 Milwaukee Ave Lubbock, TX 79424
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    Lubbock, TX 79424
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6703 Milwaukee Ave Lubbock, TX 79424
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