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12210 Quaker Ave Lubbock, TX 79424

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Medical Office Building, High-Income Area

Property size:
18,018 SF

Property Features for 12210 Quaker Ave

General Information

Property type
Medical Office Space
Square Feet
18,018 SF
Lot Size
67,518 SF

Building Details

Buildings
1
Units
1

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Listing Contact
Parker Carroll
Parker Carroll

Listing Agency: TREK Investment Group Listing Agent: Parker Carroll

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 18,018-square-foot medical office building in Lubbock, Texas, is offered for sale at $7,323,371 ($406.45/sq ft). The single-tenant property sits on a 1.55-acre lot at 12210 Quaker Ave, 79424, within the desirable Vintage Township neighborhood. The building benefits from a strong net-net lease with a reputable tenant, West TX Eye Clinic, a long-standing practice established in 1998 and part of a larger, nine-practice family of medical facilities. The lease includes 2% annual rent increases throughout its term, and features 2-5 year renewal options with the same increase structure. This location boasts high visibility on a major thoroughfare leading to Loop 289, experiencing over 21,000 vehicles per day. The surrounding area includes national and regional retailers such as Walmart, Academy, Chick-fil-A, HEB, and Starbucks, indicating a strong retail environment. The property is situated in a high-income area, with average household incomes exceeding $134,800 within a one-mile radius. This presents a compelling investment opportunity due to the combination of a stable, long-term tenant, a prime location, and significant growth potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

West Texas Eye ... Ophthalmologist Lubbock Medical Assistant ... Vocational School Snap Medical Assistant ... Medical School Aesthetic Center of Lubbock Spa & Massage Center Dr. Omar Shoukfeh, ... Ophthalmologist

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.9054183
Latitude
33.4828987

FAQs

What type of property is this?
Medical Office Space - Medical Office Building, High-Income Area
Where is this medical office space located?
The property is located at 12210 Quaker Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $7,323,371.
What are key features of this property?
This property features: Net lease with 2% annual rent increases.; Two (2) five (5)-year renewal options, each with 2% annual rent increases.; Established medical practice operating in Lubbock since 1998; one of four locations.
(512) 400-0458 Call to check price and availability
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