50th Retail or Medical Office for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30315094
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Contiguous Space: 6,910 - 7,065 SF
Total Available: 13,975 SF
Gross Building Area: 52,741 SF
Gross Land Area: 3.73 SF
Lease Rate: $13.50 - 17 PSF (Annual)
Base Monthly Rent: $7,773 - 10,008
Lease Types: NNN
Building Name: Memphis Place Mall
Last Updated: 10/13/2021

Overview / Comments

This spacious former Lubbock landmark Restaurant includes a large beautifully furnished lounge/bar with fireplace. 14 antique stained glass hanging fixtures as well as numerous hand-blown glass fixtures. Large Kitchen includes prep/washing tables as well as a 23' vent hood. Adjacent and connected to Suite 2 (Memphis Room), this space has programmable lighting, granite bar, a wine cabinet and is perfect for small events or meetings.
Tenants include Covenant' s new 7,000 sq.ft. multi-specialilty clinic, Southwest Diagnostic Clinic, Rosa' s Barber Shop, Dermasmooth and Abbeville Dentistry.

Daily traffic count 41,000 cars. Located at the intersection of 50th St. and Memphis Avenue between Quaker and Indiana.

Attachments & Media

Expand All 2 Spaces Available

Suite: 1 6,910 SF $13.50 PSF (Annual) NNN
Suite: 4 & 5 7,065 SF $17 PSF (Annual) NNN

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R104753, R133516
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Visibility: Good
Largest Nearby Street: 50th
Feet of Frontage: 632
Traffic/Vehicle Count: 41,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Brick
Total Parking Spaces: 180
Parking Ratio: 3.4 (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: 21,081 150,733 218,359
Median Age: 34.49 32.8 32.02
Households: 8,855 59,357 84,845

Contact

Photograph of Listing Agent

Randy Egenbacher

Egenbacher Real Estate
West Texas CIE Member
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