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Retail Space Near United Market
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4505 98th St, Lubbock, TX 79424

Retail space with excellent exposure near major Lubbock landmarks.

Space SizeContact for details
Property Size24,800 SF
Days on Market2416

Property Features for 4505 98th St

General Information

Standard status Active
Size 24,800 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 24,800 SF
Tenancy Multiple

Spaces For Lease

at 4505 98th St Contact us

Suite 100

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: GRACO Real Estate Development
Listed By: Casey Adams · License #TX
Source: Crexi
Added: Jan 21, 2020 Changed: Aug 27 Last Checked: Aug 29 at 7:38PM

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 GRACO Real Estate Development

Investment Insights

Based on property information with market context.

This commercial real estate offers retail spaces with excellent exposure on 98th Street and Quaker Avenue. The property is conveniently located near United Market Street and is shadow-anchored by it. The location is also in proximity to Lakeridge Country Club, The Falls, Orchard Park, Vintage Township, and Southwest Lubbock.

Key Highlights

  • Excellent exposure on 98th and Quaker.
  • Shadow‑anchored by United Market Street.
  • Convenient location in Southwest Lubbock.

Property Analytics

Current Use

Lakeridge Commons Shopping Center & Mall ATM American State ... Atm RockBox Fitness Lubbock Gym & Fitness Center Gristy's Dry Cleaning ... (Bike/Boat/Book/etc) Store Nature's Tonic Lubbock (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Dining 26% Shops & Services 16% Beauty & Spa 5%
Market Street Groceries
52,269 visits/mo 0.3 miles
McDonald's Dining
20,977 visits/mo 0.3 miles
United Express Fuel Shops & Services
16,137 visits/mo 0.2 miles
Panera Bread Dining
4,027 visits/mo 0.1 miles
Sport Clips Beauty & Spa
2,417 visits/mo 0.0 miles

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$17.53 /SF/Yr
Avg Asking Price
$6.86–$28 /SF/Yr
Price Range
6,556 SF
Avg Space Size

This space is priced 105% above the average of $17.53 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Retail space with excellent exposure near major Lubbock landmarks.
Where is this retail property located?
The property is located at 4505 98th St Lubbock, TX.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Excellent exposure on 98th and Quaker.; Shadow‑anchored by United Market Street.; Convenient location in Southwest Lubbock.
(806) 745-9718 Call to check price and availability
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