Freestanding Retail Building for Sublease

Retail-Commercial for Lease
Catylist Listing ID: 30519985
Property Subtypes: Free-Standing Building, Garden Center, Retail-Pad, Street Retail, Vehicle Related
Contiguous Space: 14,550 SF
Gross Building Area: See Agent
Gross Land Area: 1.93 Acres
Lease Rate: $23 PSF (Annual)
Base Monthly Rent: $27,887
Lease Types: NNN
Last Updated: 9/11/2020

Overview / Comments

Freestanding building constructed in 2013 for Walgreens and available for sublease. Walgreens term ends on 10/31/3037. The building provides extremely good highway exposure on heavily-travelled freeway that provides cross-access from east to west across the city . The space consists of large showroom area, rear storage, and small overhead door for deliveries.

Northeast corner of the Marsha Sharp Freeway (US Hwy 62/82) and Slide Road in Lubbock, TX. The building is located on a major commercial thoroughfare with excellent visibility, and close proximity to Texas Tech University (approximately 2 miles to the northeast), the medical district (approximately 1.5 miles northeast), Canyon West Shopping Center (900,000 sq. ft. regional shopping center; approximately 1.25 miles west) and South Plains Mall (1.7 million square foot regional mall; approximately 2 miles south).

Lubbock’s highly skilled and educated workforce, proximity and connection to major national and international markets, and affordable utility and living costs make it the ideal place to grow a business. Known as the “Hub City” of West Texas, Lubbock's diverse economy is based on manufacturing, agriculture, wholesale and retail trade services, as well as government, education and health care. As the 11th largest city in Texas, Lubbock boasts a trade-area population base of 639,921 people. Home to Texas Tech University, Texas Tech University Health Sciences Center, Lubbock Christian University and a fast-growing community college, Lubbock County boasts more than 50,000 college students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, an agriculture college and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.

Attachments & Media

Expand All Available Space

Suite: 3009 14,550 SF $23 PSF (Annual) NNN
Space Available: 14,550 SF
Lease Rate: $23 PSF (Annual)
$27,887 (Monthly)
Lease Type: NNN
Date Available: 11/4/2019
Space Type: Sublet
Sublease Expiration Date: 10/31/2037

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R28632
Property Visibility: Excellent
Property Condition: Excellent
Year Built: 2013

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,857 116,088 211,687
Median Age: 31.61 31.99 32.14
Households: 5,722 46,106 82,459
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