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    5302 Avenue Q Lubbock, TX 79412

    For Lease
    $6 SF/Yr

    Prime location, multiple suites available.

    Lot size:
    58,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Briercroft Center presents a unique opportunity for businesses seeking versatile office or retail space. This well-established neighborhood shopping center boasts excellent visibility and high traffic counts, enhanced by strong co-tenancy including a Family Dollar and a Premier High School. Currently undergoing an extensive remodel, the center offers multiple leaseable spaces ranging from a minimum of 3,200 square feet to a maximum contiguous space of 4,700 square feet. The total building encompasses 58,370 square feet, divided into 10 suites. Currently, 11,100 square feet of space is available for lease. The property is classified as both retail and office, accommodating a variety of business types. Approved tenants will receive spaces in a "white-box" condition, allowing for complete customization to suit individual needs. This is an ideal location for businesses seeking high visibility and convenient access within a thriving community. The flexible space options make it suitable for a range of businesses, from medical offices to traditional office spaces and retail establishments. Don't miss this chance to secure your space in this revitalized center.

    Property Features for 5302 Avenue Q

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,370 SF
    Total Rate
    32833.13

    Unit(s) available at that property

    Space
    Suite 19
    Size
    4,700 SF
    Rate per SF
    $6
    Space
    Suite 15
    Size
    3,200 SF
    Rate per SF
    $6

    HighLights

    • 58,370 SF multi‑tenant retail and office building.
    • 11,100 SF of vacant space available.
    • Suites range from 3,200 SF to 4,700 SF.
    • Currently undergoing extensive renovations; spaces delivered in white‑box condition.
    • Excellent location with strong co‑tenancy including Family Dollar and Premier High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store Briercroft Center Business Center Briercroft Laundry Laundromat Concrete Rose Event ... Event Venue Tower Loan Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.85505315175
    Latitude
    33.546278343297

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    FAQs

    What type of property is this?
    Medical office - Prime location, multiple suites available.
    Where is this medical office located?
    The property is located at 5302 Avenue Q Lubbock, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 58,370 SF multi-tenant retail and office building.; 11,100 SF of vacant space available.; Suites range from 3,200 SF to 4,700 SF.
    Request Owner's contact information
    5302 Avenue Q Lubbock, TX 79412
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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
    5302 Avenue Q Lubbock, TX 79412
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