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    5407 4Th St Lubbock, TX 79416

    For Lease
    $15 SF/Yr ($12,378 /Mo)

    NW Lubbock retail space; 1,680 sq ft available.

    Lot size:
    9,903 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located in the thriving Woodhaven Shopping Center in Northwest Lubbock, Lubbock County. The center boasts a total of 9,903 square feet, with a single, immediately available suite of 1,680 square feet. Built in 1984, this locally owned and managed property offers a strong tenant mix, providing excellent synergy and foot traffic. Current co-tenants include established businesses such as George's Restaurant, Allstate Insurance, Sun Belt Finance, Domino's Pizza, Goody's Popcorn, and Edward Jones, among others. The property is a neighborhood center/shopping center with multiple tenants. The asking price is highly competitive at $15.00 per square foot. Utilities are the responsibility of the tenant. This is a rare chance to secure a well-positioned retail space in a stable and successful shopping center. Don't miss this opportunity to establish your business in a prime Northwest Lubbock location. The available space is ready for immediate occupancy.

    Property Features for 5407 4Th St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,903 SF
    Total Rate
    12378.75

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    Suite #G
    Size
    1,680 SF
    Rate per SF
    $15

    HighLights

    • Retail property in Lubbock County.
    • Neighborhood center/shopping center with multiple tenants.
    • 9,903 total square feet; 1,680 square feet currently vacant.
    • Built in 1984.
    • One 1,680 square foot suite available for lease at $15.00 per square foot; tenant pays utilities.
    • Strong tenant mix including George's Restaurant, Allstate Insurance, and others.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Don P. Hegi, ... Veterinarian Blackburn Mary DVM Veterinarian South Plains Physical ... Physical Therapist Animal Care Clinic Veterinarian Domino's Pizza Pizza Delivery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9268283
    Latitude
    33.5919212

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    FAQs

    What type of property is this?
    Lifestyle center - NW Lubbock retail space; 1,680 sq ft available.
    Where is this lifestyle center located?
    The property is located at 5407 4Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail property in Lubbock County.; Neighborhood center/shopping center with multiple tenants.; 9,903 total square feet; 1,680 square feet currently vacant.
    Request Owner's contact information
    5407 4Th St 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
    5407 4Th St Lubbock, TX 79416
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