This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

114 University Ave
Lubbock, TX 79415
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,869 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.10 AC
Zoning
C-2
Parking
25 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
133’ on University Ave Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

ABOUT 114 UNIVERSITY AVE , LUBBOCK, TX 79415

Prime NNN Retail Investment opportunity located in North Lubbock. Property offers 4 units currently fully occupied with 3 strong tenants. Tenants include: Prosperity bank (formerly American State) which operates 37 locations in 21 communities in West Texas has 3 additional 5-year lease options ties to CPI, Fred Loya Insurance company, a National company with 700 offices across 10 States has 1 additional lease option for 5-years at market rate, and Garza's Barber Shop with 1 additional 2-year option at market rate. Subject property is located in a dense retail corridor 4 blocks North of Texas Tech University Campus, student housing, and near recently built restaurants and others including: Popeyes, Panda Express, KFC, Chick- Fil -A , and more. The property is situated in an area that continues to benefit from revitalization projects moving North on University Avenue including: a new hotel project, and a new Retail center currently under construction within 2 blocks of the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R90368
Land Assessment
$38,281
Improvements Assessment
$1,044,077
Total Assessment
$1,082,358
  • Listing ID: 15388558

  • Date on Market: 3/8/2019

  • Last Updated:

  • Address: 114 University Ave, Lubbock, TX 79415

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}