5001 Marsha Sharp FwyLubbock, TX 79407

Property Details for 5001 Marsha Sharp Fwy

Year built

1969

Lot size

6.03 AC

Property size (Sq ft)

53,615 SF

Zone code

38

Property type

Other commercial real estate

APN

R40008

APU

R40008

Description

Two prime retail pad sites totaling 78,000 square feet are available at Westside Plaza in Lubbock, Texas. Located at 5001 Marsha Sharp Fwy W, 79407, these pads offer 38,000 to 40,000 square feet of buildable space, with land priced at $18 per square foot. The property benefits from excellent visibility and access, situated near major thoroughfares including US-62 (with over 58,000 vehicles per day) and 34th Street (exceeding 22,000 vehicles per day). Westside Plaza is undergoing significant renovations under new ownership, enhancing its appeal and value. The location boasts a strong demographic profile, with over 110,000 people within a 5-mile radius and a 9% population growth within a 3-mile radius since 2010. This strategic location also places the pads in close proximity to Texas Tech University and the Lubbock Medical District. Development options include build-to-suit or ground lease arrangements. The property's proximity to Coronado High School further enhances its desirability. This is an exceptional opportunity for retail development in a high-growth area.

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5644

Longitude

-101.919

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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