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    2708-2718 50Th St Lubbock, TX 79413

    Sponsored
    For Lease
    $12 SF/Yr

    High-traffic, multi-tenant retail/office opportunity

    Lot size:
    22,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Lubbock, Texas property, located at 2708-2718 50th Street, offers 22,830 square feet of retail and office space on a 1.6-acre lot. Built in 1969 and zoned NC (Neighborhood Commercial), this multi-tenant building presents a unique investment opportunity. The property boasts a diverse tenant mix, including a restaurant, appliance store, nail salon, barber shop, nutrition store, and other service and retail businesses, demonstrating strong occupancy and consistent revenue potential. One storefront space of 1,724 square feet is currently available. Its prime location ensures high visibility and traffic, benefiting from proximity to major national and regional retailers such as Home Depot, Office Depot, AT&T, Ross Dress for Less, Plains Capital Bank, Starbucks, and Pizza Hut. The property's APN is R78147, situated in Lubbock County, Texas, zip code 79413. This established commercial property offers an excellent chance to acquire a well-positioned asset in a thriving retail corridor. The property's size and diverse tenant base make it an attractive investment for both seasoned and emerging investors seeking a stable and potentially high-growth opportunity in the Lubbock market. The existing tenant mix provides a strong foundation for future growth and expansion.

    Property Features for 2708-2718 50Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,830 SF
    Total Rate
    24485.18

    Building Details

    Year Built
    1969

    Unit(s) available at that property

    Space
    2712-A 50th Street
    Size
    1,724 SF
    Rate per SF
    $12

    HighLights

    • 3‑5 Year Lease Term Available
    • 50th Street Frontage
    • High‑Traffic Area
    • Excellent Value in Prime Location
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -101.8755494
    Latitude
    33.5492042

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic, multi-tenant retail/office opportunity
    Where is this individual retail property located?
    The property is located at 2708-2718 50Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3-5 Year Lease Term Available; 50th Street Frontage; High-Traffic Area
    Request Owner's contact information
    2708-2718 50Th St Lubbock, TX 79413
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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
    2708-2718 50Th St Lubbock, TX 79413
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