Property profile

7307 University Ave Lubbock, TX 79423

OFF-MARKET
Retail space
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Property summary

AI-generated overview

This space is a newly constructed End Cap with Drive Thru access on the South end of the University Retail Center. University Avenue has direct access to Texas Tech University (3.8 Miles to the North). The space has Loop 289 visibility at the major intersection of University Avenue and the South Loop. Other area retailers include Target, Burger King, Starbucks, Dunkin Donuts, Baskin Robbins, Whataburger, Cinemark Tinseltown, United Supermarkets, McDonald's, Discount Tire, Taco Bell, and many more. University Center - New End Cap with Drive Thru Loop 289 Visibility New Construction End Cap Drive Thru Accessibility Strong Retail Corridor Adjacent to Target Estimated Delivery: Approx. September 1, 2021 This is a newly constructed End cap at the University Center retail center at S. Loop 289 and university Avenue. The space will be adjacent to Nova Medical supplies and will have the ability to have a drive thru. This location has great visibility from Loop 289 and easy access from University Avenue. Estimated Delivery of the white box will be approximately September 1, 2021. Traffic counts exceed 80,000 VPD.

Property profile

Verified
Property type Retail space

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Occupational Health Service Drug Testing Service

Location

7307 University Ave Lubbock, TX 79423
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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