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    5510 4Th St Lubbock, TX 79416

    For Lease
    $24 SF/Yr

    High-traffic Lubbock retail center

    Lot size:
    46,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    West Wind Shopping Center, located at 5510 4th Street in Lubbock, Texas, presents a compelling investment opportunity. This single-story, 46,085 square foot retail strip center, built in 2005, sits on a 5.52-acre lot in Lubbock County (zip code 79416). The property boasts a prime location just off Loop 289, providing excellent visibility and accessibility. The center features a diverse mix of established tenants, including Spec's Beer, Wine & Liquor, Weinerschnitzel, Beef O'Brady's, Sally Beauty, Wing Stop, Dollar Tree, CATO, China Express, Cricket Wireless, TOAH Studio, and Pretty Nails. Conveniently situated near Walmart, the center benefits from high traffic counts and a strong customer base. Outlots further enhance the property's appeal, with tenants such as City Bank, Whataburger, Slim Chickens, and a University Medical Center Clinic. The center's proximity to Texas Tech University and Lubbock Christian University, along with the recent development of nearby businesses like Alamo Drafthouse Cinema, Chick-fil-A, and Raising Cane's, underscores the area's growth potential. Individual spaces are available, with a minimum divisible space of 1,243 square feet and a maximum contiguous space of 1,243 square feet. This well-maintained property offers a strong return on investment for savvy investors seeking a thriving retail location in a rapidly growing area of Lubbock.

    Property Features for 5510 4Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,085 SF
    Total Rate
    92170

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 290
    Size
    1,243 SF
    Rate per SF
    $24

    HighLights

    • High‑traffic corner location at 4th Street and West Loop 289.
    • Excellent proximity to Texas Tech University and the Central Business District (CBD).
    • Strong co‑tenancy with national and regional brands including Walmart, Chick‑fil‑A, Raising Cane's, Dollar Tree, and more.
    • High daily traffic count of 56,140 vehicles on 4th Street & West Loop 289.
    • Ample parking available.
    • Generous tenant improvement (TI) allowance offered, including infrastructure support for food service tenants (e.g., vent hood installation, existing grease trap).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro-Cuts Beauty Salon China Express I Chinese Restaurant Margo Bitcoin ATM Atm Wienerschnitzel Fast Food Restaurant Sally Beauty Beauty Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9329348
    Latitude
    33.5934382

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Lubbock retail center
    Where is this neighborhood center located?
    The property is located at 5510 4Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-traffic corner location at 4th Street and West Loop 289.; Excellent proximity to Texas Tech University and the Central Business District (CBD).; Strong co-tenancy with national and regional brands including Walmart, Chick-fil-A, Raising Cane's, Dollar Tree, and more.
    Request Owner's contact information
    5510 4Th St Lubbock, TX 79416
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    Lubbock, TX 79416
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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
    5510 4Th St Lubbock, TX 79416
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