8004 Indiana Ave, Lubbock, TX 79423
For Lease
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Melonie Square, located at 8004 Indiana Ave, Lubbock, TX 79423, presents a fantastic opportunity for retail businesses. This single-story, 85,292 square foot strip center, built in 1984 and renovated in 2016, is zoned NC (Neighborhood Commercial) in Lubbock County. The property boasts a prime location with high visibility and excellent access. Two available spaces offer flexible sizes, ranging from 1,325 to 4,020 square feet, ideal for a variety of retail uses. The center benefits from a strong tenant mix, including neighboring businesses such as New Taco Villa and First Bank and Trust auto bank, ensuring high foot traffic and brand synergy. For qualified tenants, build-out options and lease concessions are readily available. Enhance your business presence with the opportunity to utilize a marquee sign and exterior facade signage. This property offers a compelling combination of established infrastructure, convenient location, and attractive lease terms, making it an exceptional investment for discerning businesses seeking a thriving retail environment in Lubbock, Texas. The property's single-building design and ample square footage provide a versatile space adaptable to various retail concepts. The 2016 renovation ensures modern amenities and a well-maintained property. This is an excellent opportunity to establish or expand your business in a high-traffic area with strong neighboring businesses.
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All American Vinyl (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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National Health Care Services LLC Home Health Care Service
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Dollar General Discount Store
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Venice Nails Spa Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.