Property profile

10303 Indiana Ave Lubbock, TX 79423

FOR LEASE
Retail properties & Spaces
Property ID
US82-7510943
6,900 SF 0.81 ac lot Built 2022
Entity Owned 7-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Plaza 103, a Class A retail center in Lubbock, Texas, offers two available spaces totaling 3,464 square feet. Located at 10303 Indiana Ave, 79423, this 6,900 square foot center sits on 0.81 acres of land and features new construction completed in 2022. The property boasts a concrete parking lot and is situated in Lubbock's rapidly growing southwest sector, approximately 1.5 miles north of the future Loop 88. Each space is divisible, with a minimum of 1,732 square feet and a maximum contiguous space of 3,464 square feet. Strong co-tenancy is provided by established businesses, UPS and Marco's Pizza. The landlord is offering a generous tenant improvement allowance of $25.00 per square foot. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for retailers seeking a thriving market. The property is in Lubbock County and benefits from the area's high growth and development.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 6,900 SF
Lot 0.81 ac (35,284 SF)
UPID US82-7510943

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
  • Law Firm Publishing House
  • Courier Service Postal Service
  • Business To Business Service Shredding Service
  • Restaurant
  • Employment Agency Business Service Center

Location

10303 Indiana Ave Lubbock, TX 79423
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message