5004 Frankford Ave Lubbock, TX 79424
- Neighborhood centers
- 41,023 SF
Current Use by Public Records
- Stacks Social Club / Social Club
- Sandra Dickerson Mdpa / Surgeon
- Cathy Malouf / Internist
- Cheryl Caffey Landry / Pediatrician
- Hot & Juicy Cajun Seafood & Bar / Crab House / Lunch Restaurant
Property Details for 5004 Frankford Ave
- Year built
- 2007
- Property size
- 41,023 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Frankford Plaza, a 41,023 square foot Class B retail strip center, presents a compelling investment opportunity in Lubbock, Texas. Built in 2007, this multi-tenant property sits on a 3.16-acre lot at 5004 Frankford Ave, conveniently located near 50th St. The center offers a range of unit sizes, with a minimum divisible space of 1,639 square feet and a maximum contiguous space of 3,158 square feet. Currently occupied by a diverse mix of established businesses including The Office Grill and Sports Bar, West Texas Kid's Clinic, Window World, Lumber Liquidators, Nail Palace, Stacked Chips Club, and Onin Staffing, and Hot & Juicy Seafood, the center benefits from strong existing tenancy. The property is zoned IP Industrial Park within Lubbock County (zip code 79424) and enjoys excellent visibility and accessibility. The surrounding area boasts a high concentration of major retailers and businesses, including Ashley's HomeStore, Lowe's, Bahama Buck's, Overhead Door Company, Sherwin-Williams, Furniture Row, Frank Brown Honda/GMC, Harley Davidson Motorcycles, and Cinemark Movies 16, ensuring high foot traffic and strong consumer demographics. This well-located retail center offers a stable income stream and significant potential for future growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.941
- Latitude
- 33.548
