Mira Vista Shopping Center

Retail-Commercial for Sale
Catylist Listing ID: 30316092
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 25,560 SF
Gross Land Area: 161,172 SF
Sale Price: $4,950,000
Unit Price: $193.66 PSF
Property Use Type: Investment
Building Name: Mira Vista
Usable Size (USF): 25,560 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 7/16/2019

Overview / Comments

Location • Mira Vista is located in the heart of the most rapidly developing area of Lubbock County, just West of the intersection of 82nd Street and Frankford Avenue in Lubbock, Texas.

Current Tenants • Papa John’s Pizza, Yamagata Japanese Steak House, Le Chic Boutique, Great Nails and Spa,
Chili Dog Café, Soundwaves, The Yoga Stand,
Locker Room Haircuts, Mei Chen Massage, Simply Decadent Bakery and American National Bank.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R173289
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Visibility: Excellent
Largest Nearby Street: 82nd
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Brick
Total Parking Spaces: 180
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,360 74,939 172,263
Median Age: 40.53 36.71 33.08
Households: 6,180 30,986 68,021


Photograph of Listing Agent

Randy Egenbacher

Egenbacher Real Estate West Texas CIE Member
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