Retail Suites on 50th
For Lease
Contact for pricing
4845 50th St, Lubbock, TX 79414
Renovated retail suites available for lease on 50th Street.
Space Size3,850 SF - 4,236 SF
Property Size8,006 SF
Days on Market2125
Property Features for 4845 50th St
General Information
Standard status
Active
Size
3,850 SF - 4,236 SF
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
8,006 SF
Year Built
1972
Tenancy
Multiple
Spaces For Lease
at 4845 50th St Contact us- Size
- 4,236 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 100
- Size
- 3,850 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 200
Listing Agency:
KW Commercial Lubbock
(806) 392-0578
Listed By:
Jeremy Steen · License #TX 685530
Source:
Crexi
Added: Oct 29, 2020
Changed: Aug 8
Last Checked: Aug 23 at 11:58AM
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 KW Commercial Lubbock
Investment Insights
Based on property information with market context.
Renovations are currently underway to transform this second-generation restaurant space into separate retail suites available for lease. The improvements include exterior paint, landscaping, parking lot striping, and a new roof. The interior has been gutted to shell space, ready for a new tenant. The property is conveniently located on 50th Street near Slide Road, down from the area with Cheesecake Factory, Uncle Julio's, and Bubba's 33. This building has 135 feet of frontage on 50th Street, ample surface parking, and excellent visibility on 50th Street. Updated photos are forthcoming.
Key Highlights
- Prime location on 50th Street with 135 feet of frontage and excellent visibility.
- Ample surface parking available.
- Located near the new "corner of cuisine" with popular restaurants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Apparel 8%
Shops & Services 3%
Home Improvements & Furnishings 1%
Whataburger
Dining
21,841 visits/mo
0.2 miles
SONIC Drive In
Dining
19,518 visits/mo
0.4 miles
Denny's
Dining
8,548 visits/mo
0.4 miles
Taco Bell
Dining
6,219 visits/mo
0.4 miles
Once Upon A Child
Apparel
5,300 visits/mo
0.1 miles
Demographics for 79414, TX
17,537
Population
9,219
Households
1.9
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,480
Density / Sq Mi
$49,637
Median Household Income
$32,127
Median Earnings
$1,100
Median Rent
$150,500
Median Home Value
Market
Lease Benchmarks for Lubbock, TX
$16.89 /SF/Yr
Avg Asking Price
$6–$28 /SF/Yr
Price Range
6,020 SF
Avg Space Size
This space is priced 17% below the average of $16.89 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated retail suites available for lease on 50th Street.
Where is this retail space located?
The property is located at 4845 50th St Lubbock, TX.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime location on 50th Street with **135 feet of frontage and excellent visibility.**; Ample surface parking available.; Located near the new "corner of cuisine" with popular restaurants.
