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.

3402 Slide Rd
Lubbock, TX 79414
CVS Lubbock · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Over 413,000 annual visitors, the subject property is an exceptional performing retail/pharmacy ranking in the 87th percentile nationally
  • Absolute NNN Lease Structure – Zero landlord responsibilities for operating or capital expenses
  • Highly Visible Freeway Location – the subject property is easily accessible via Marsha Sharp Freeway (US 62/US 82)
  • CVS signed a new 20-year lease, which commenced in October 2020, leaving approximately 16.25 years remaining on the initial lease term
  • CVS is ranked #6 on the 2023 Fortune 500 list – over 9,000 stores and 300,000 employees operating in all 50 states
  • Densely Populated Area with Forecasted Growth – over 99,892 residents within a 3-mile radius which includes 43,385 housing units

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,935 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.00 AC
Zoning
GR - General Retail
Parking
30 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
173’ on 34th St

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

ABOUT 3402 SLIDE RD , LUBBOCK, TX 79414

• Strategically Located at the Signalized Hard Corner Along Area’s Main Retail and Traffic Corridor - excellent exposure at the intersection of Slide Road and 34th Street with combined daily traffic counts in excess of 40,163 vehicles • Highly Visible Freeway Location – the subject property is easily accessible via Marsha Sharp Freeway (US 62/US 82), which is the primary east-west freeway providing access through downtown serving over 60,571 vehicles per day. • 3 Miles from Texas Tech University ($2.8 billion annual economic impact in Texas) – Globally recognized university home to over 40,000 students and 1,800 faculty members • Just South of Lubbock’s Medical District – Over 3.6 million square feet of medical and office space • Approximately 1 Mile East of West End Regional Mall – newly developed in 2016, the 684,931 SF regional mall is anchored by Costco, Cabela’s, and Best Buy. Other traffic generators include Marshalls, HomeGoods, Dave & Busters, Gap, Nike and many others • Excellent Ingress and Egress Along Both Traffic Corridors – CVS benefits from its location at the signalized intersection with access points on both Slide Road and US-62 Frontage Road allowing commuters easy access from all traffic patterns • 2 Miles North of South Plains Mall – 1.1 million square foot regional mall anchored by Dillard’s & JC Penney 2.18 ACRES Year Built 6 Building Size Location Lot Size • Densely Populated Area with Forecasted Growth – over 99,892 residents within a 3-mile radius, which includes 43,385 housing units providing for a direct residential consumer base. The subject area boasts a 92% occupancy rate for residential exemplifying the strength of market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R94004
Land Assessment
$379,728
Improvements Assessment
$3,693,129
Total Assessment
$4,072,857
  • Listing ID: 31999920

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 3402 Slide Rd, Lubbock, TX 79414

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") }}