Esplanade Shopping Center Retail
For Lease
Contact for pricing
4525 Milwaukee Ave, Lubbock, TX 79407
Retail spaces in a high-visibility shopping center on Milwaukee.
Space Size2,806 SF
Property Size100,200 SF
Days on Market2125
Property Features for 4525 Milwaukee Ave
General Information
Standard status
Active
Size
2,806 SF
Class
B
Total Parking Spaces
345
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
100,200 SF
Year Built
2018
Tenancy
Multiple
Spaces For Lease
at 4525 Milwaukee Ave Contact us- Size
- 2,806 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite: 550
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 3:10AM
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.
The Esplanade Shopping Center is located on Milwaukee Avenue, adjacent to the Marsha Sharp Freeway. This location offers high visibility and easy access for consumers traveling in any direction. Designed in a Spanish Mission-style to replicate the architecture of Texas Tech University, The Esplanade at City View aims to be a socially engaging destination. The center intends to offer fine dining, shopping, and spaces for physical activities. An open-air courtyard with patio seating and Spanish fountains is planned, along with a covered arcade.
Key Highlights
- Prime location on Milwaukee Avenue, the fastest‑growing thoroughfare in Lubbock.
- High visibility and easy access from both Milwaukee Avenue and Marsha Sharp Freeway.
- $25/sqft tenant improvement allowance.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
144k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Electronics 8%
Apparel 7%
Hotels & Casinos 2%
Cracker Barrel Old Country Store
Dining
33,297 visits/mo
0.5 miles
McDonald's
Dining
26,487 visits/mo
0.2 miles
Braum's Ice Cream & Dairy Stores
Dining
23,549 visits/mo
0.3 miles
Starbucks
Dining
19,507 visits/mo
0.4 miles
Taco Bell
Dining
11,489 visits/mo
0.3 miles
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
Market
Lease Benchmarks for Lubbock, TX
$19 /SF/Yr
Avg Asking Price
$6–$28 /SF/Yr
Price Range
7,686 SF
Avg Space Size
This space is priced 11% above the average of $19 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Canyon West — Marsha Sharp Fwy W, Lubbock, TX 79424
- Ross — 6076 marsha sharp fwy, lubbock, tx 79407
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces in a high-visibility shopping center on Milwaukee.
Where is this shopping center located?
The property is located at 4525 Milwaukee Ave Lubbock, TX.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Prime location on Milwaukee Avenue, the fastest‑growing thoroughfare in Lubbock.; High visibility and easy access from both Milwaukee Avenue and Marsha Sharp Freeway.; $25/sqft tenant improvement allowance.
