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    OFF-MARKET
    Retail properties & Spaces

    12011 Indiana Ave, Lubbock, TX 79423

    6,400 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 6,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RAVIS LIQUOR # 4 (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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