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6006 4Th St Lubbock, TX 79416

Strip malls Google Maps
16,830 SF 1.49 ac lot Built 2020
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$800k
Range $720k – $880k (±10%)
Property ID US82-7345373

Property summary

AI-generated overview

West Shadow Hills Center, a newly constructed 18,976 square foot strip center, offers exceptional retail space for lease in Northwest Lubbock. Strategically located at the high-traffic intersection of 4th Street and Frankford Avenue, near West Loop 289 and with easy access to Marsha Sharp Freeway and Milwaukee Avenue, this property enjoys unparalleled visibility and accessibility. The single-story building sits on a 1.49-acre lot and features a modern design. Two spaces are currently available, ranging from 2,032 to 2,042 contiguous square feet, with a total of 4,074 square feet of vacant space. The center is surrounded by residential areas (single-family homes and multi-family complexes) and high-volume retailers, creating a strong customer base. Ideal for a variety of businesses, including retail, offices, restaurants, salons, soft goods retailers, fitness centers, and other commercial ventures. A key advantage is the inclusion of drive-thru options on both end caps, complete with pre-installed grease traps for each end suite, making it particularly attractive to food-related businesses. Owners are offering a generous $30 per square foot tenant improvement allowance. This is a rare opportunity to secure a space in a thriving, well-located retail center. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Total area 16,830 SF
Lot 1.49 ac (65,035 SF)
Zoning code 17
APN R46137
UPID US82-7345373

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
  • Restaurant
  • General Contractor Renovation Specialist
  • Training Center Sports School
  • Restaurant
  • Nail Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$800k

Owner & transaction history

since 2019
5 recorded transactions
2026
Price N/A
2019
Price N/A
2016
$50,000
2011
Price N/A
2007
Price N/A

Zoning & alternative use

17 · Lubbock, TX
Top alternative use upside
Office building $1.1M +65.3%
Retail stores $1.1M +58.8%

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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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
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