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    5020 50Th St Lubbock, TX 79414

    For Lease
    $8 SF/Yr ($15,758 /Mo)

    Lubbock, TX Strip Center - 5,160 SF Available

    Lot size:
    22,247 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Yorktown Plaza, located at 5020 50th St, Lubbock, TX 79414, presents a prime retail opportunity. This 22,247 square foot strip center sits on a 1.83-acre lot and offers excellent visibility and accessibility. The property enjoys a strategic location between Thai Thai restaurant and Champs Sports Bar & Grill, benefitting from the high traffic generated by these established businesses. Its proximity to the intersection of 50th Street and Slide Road ensures significant exposure to a large customer base. Currently, one retail space is available for lease, measuring 5,160 square feet. This space is ideal for a variety of retail uses, providing ample room for a business to thrive in a well-established commercial area. The property's multiple tenancy structure creates a vibrant and diverse shopping environment, attracting a wide range of customers. This presents a unique opportunity to establish a presence in a bustling Lubbock commercial hub. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access for their customers. Interested parties are encouraged to inquire about lease terms and availability.

    Property Features for 5020 50Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,247 SF
    Total Rate
    15758.29

    Unit(s) available at that property

    Space
    Suite 103
    Size
    5,160 SF
    Rate per SF
    $8

    HighLights

    • 22,247 square foot retail strip center on a 1.83‑acre lot in Lubbock, TX.
    • Excellent visibility and accessibility at 5020 50th St, between Thai Thai and Champs Sports Bar & Grill.
    • 5,160 square feet of retail space currently available for lease.
    • High‑traffic location at the intersection of 50th Street and Slide Road.
    • Multiple‑tenancy structure creates a vibrant shopping environment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lubbock Cryo Recovery Holistic Medicine Practitioner Stripe Show Club ... Golf Club 806 Splatter Painting Studio Robert Spence Agency Modeling Agency CreativeMagic Photography Photographer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -101.92022128929
    Latitude
    33.548867904786

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    FAQs

    What type of property is this?
    Neighborhood center - Lubbock, TX Strip Center - 5,160 SF Available
    Where is this neighborhood center located?
    The property is located at 5020 50Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 22,247 square foot retail strip center on a 1.83-acre lot in Lubbock, TX.; Excellent visibility and accessibility at 5020 50th St, between Thai Thai and Champs Sports Bar & Grill.; 5,160 square feet of retail space currently available for lease.
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    Lubbock, TX 79414
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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
    5020 50Th St Lubbock, TX 79414
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