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    7006 University Ave Lubbock, TX 79413

    Sponsored
    For Lease
    Contact for pricing

    Prime Lubbock Retail Center, Multiple Suites Available

    Lot size:
    40,404 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Poko Lambro Plaza offers 40,404 square feet of prime retail space in a highly visible location at the Northwest corner of University Avenue and Loop 289 South in Lubbock County. This Class B, single-story shopping center provides multiple tenancy options, with suites ranging from a minimum of 1,500 square feet to a maximum contiguous space of 6,297 square feet. The property is zoned commercial and boasts excellent ingress and egress, featuring on and off ramps in each direction on the Loop 289 freeway. Recent upgrades include a brand new, highly visible pylon sign and upgraded LED parking lot lighting. Octapharma, a major tenant, recently completed a significant remodel, establishing this location as their flagship store. The center benefits from strong demographics and a heavily traveled, signalized intersection, ensuring high visibility and foot traffic. This is an exceptional opportunity for businesses seeking a well-maintained, conveniently located retail space in a thriving Lubbock neighborhood. The property is situated within a commercially zoned area of Lubbock County.

    Property Features for 7006 University Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,404 SF
    Class
    B

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    1st Floor Suite 5
    Size
    1,500 SF
    Space
    Available Space 3
    Size
    1,800 SF
    Space
    1st Floor Suite 10
    Size
    3,865 SF
    Space
    1st Floor Suite 11
    Size
    2,432 SF

    HighLights

    • 40,404 SF neighborhood shopping center in Lubbock County.
    • Located at the Northwest corner of TX‑289 Loop Fwy and University Ave, offering excellent ingress/egress.
    • Features a brand new pylon sign and upgraded LED parking lot lighting.
    • Octapharma occupies a newly remodeled flagship location within the center.
    • Strong demographics and high visibility due to heavily traveled, signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    It's Greek To Me Greek Restaurant Lubbock's Breakfast House ... Breakfast Restaurant Fortune Cookie Chinese ... Chinese Restaurant For Goodness Shapes Nutritionist Burger King Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.87053650565
    Latitude
    33.529650212408

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    FAQs

    What type of property is this?
    Restaurant - Prime Lubbock Retail Center, Multiple Suites Available
    Where is this restaurant located?
    The property is located at 7006 University Ave Lubbock, TX.
    What are key features of this property?
    This property features: 40,404 SF neighborhood shopping center in Lubbock County.; Located at the Northwest corner of TX-289 Loop Fwy and University Ave, offering excellent ingress/egress.; Features a brand new pylon sign and upgraded LED parking lot lighting.
    Request Owner's contact information
    7006 University Ave Lubbock, TX 79413
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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
    7006 University Ave Lubbock, TX 79413
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