51,020 SF Pad at 4th & Milwaukee United Shopping Center

Retail-Commercial for Sale
Catylist Listing ID: 30458833
Property Subtypes: Restaurant, Retail-Pad, Other
Building Status: Proposed
Building Size (RSF): 51,020 SF
Gross Building Area: See Agent
Sale Price: $80,000
Unit Price: $1.57 PSF
Property Use Type: Business
Building Name: 4th & Milwaukee Shopping Center
Sale Terms: Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

The project is anchored by a newly-constructed United Supermarket and features a 10,000 SF retail center, which has 1,860 SF remaining available for lease. Additionally, there are two pad sites remaining that each have extensive frontage along their respective thoroughfares—Milwaukee Avenue and 4TH Street.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R44173
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Milwaukee Avenue
Traffic/Vehicle Count: 24,114
Highway Access: 4th Street (HWY 2255)
Site Description: Located at the intersection of 4th & Milwaukee. Anchored by a newly constructed United Supermarket.
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2019
Roof Type: Flat
Construction/Siding: Brick, Stone, Stucco
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,437 55,549 135,545
Median Age: 26.23 29.54 31.76
Households: 2,852 22,413 53,251

Contact

Photograph of Listing Agent

Gary Andrews

Graco Real Estate Development, Inc.
West Texas CIE Member
Photograph of Listing Agent

Aaron Cannon

GRACO Real Estate Development, Inc.
Not a member of West Texas CIE
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