Property summary
This exceptional retail opportunity is situated on bustling University Avenue in Lubbock County, boasting unparalleled visibility and accessibility. With over 21,000 vehicles passing daily, this location ensures maximum exposure for your business. The property offers a total of 4,148 square feet, with a minimum divisible space of 1,398 square feet and a maximum of 2,750 square feet, providing flexibility for various business needs. The lot size is a generous 6,900 square feet. The building features modern amenities including two ADA-compliant restrooms, recently updated electrical systems, and a new HVAC system, ensuring a comfortable and efficient environment for tenants and customers. The landlord is open to negotiating tenant improvements, offering further customization options. This prime location benefits from its proximity to Texas Tech University, a major institution with over 40,000 students, and the Lubbock Medical District, guaranteeing a large and diverse customer base. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving area. Multiple tenancy options are available.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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Find the owner behind the property.
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- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight