12011 Indiana Ave, Lubbock, TX 79423
This exceptional retail opportunity is located in the highly desirable South Lubbock area, within the newly constructed Mitley Shopping Center. The center boasts a prime location directly on Indiana Avenue, ensuring excellent visibility and convenient access for customers. The property consists of a single, one-story building totaling 6,400 square feet, currently divided into four suites. A significant portion of the center, 3,200 square feet, is available for lease. This space is highly adaptable, offering flexible layouts ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,200 square feet. Businesses seeking larger footprints can potentially combine available suites to achieve their desired size. One particularly attractive space is an endcap unit, ideally suited for businesses requiring a drive-thru, complete with a 1,500-gallon grease trap already installed. This turnkey solution minimizes upfront costs and allows for a rapid start to operations. The property is situated in Lubbock County and presents a unique chance to establish a presence in a thriving retail market. The open shell space allows for complete customization to meet specific business needs. Don't miss this chance to secure a prominent location in a brand-new retail center.
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RAVIS LIQUOR # 4 (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.