Your email has been sent.
Raintree Plaza 3408-3410 98th St 1,500 SF of Retail Space Available in Lubbock, TX 79423
HIGHLIGHTS
- Heavy daytime traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 9 | 1,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $27,000 /YR $2,250 /MO | Modified Gross |
3408-3410 98th St - 1st Floor - Ste 9
• Versatile Retail Opportunity (Suite 9): 1,500 SF of open space ready to accommodate a wide range of retail or service-based businesses.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT RAINTREE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Comet Cleaners
- Cleaners
- 258
- International
- Hair Expo
- Health & Beauty Aids
- 1
- Local
- Heavenly Paws
- Other Services
- 1
- Local
- State Farm
- Insurance
- 24,893
- National
- Strong Custom Builders
- Real Estate
- 1
- Local
- U.S. Lawns
- Other Services
- 290
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Comet Cleaners | Cleaners | 258 | International |
| Hair Expo | Health & Beauty Aids | 1 | Local |
| Heavenly Paws | Other Services | 1 | Local |
| State Farm | Insurance | 24,893 | National |
| Strong Custom Builders | Real Estate | 1 | Local |
| U.S. Lawns | Other Services | 290 | National |
PROPERTY FACTS
| Total Space Available | 1,500 SF | Frontage | 394’ on 98th St St |
| Center Type | Strip Center | Gross Leasable Area | 18,000 SF |
| Parking | 140 Spaces | Total Land Area | 7.93 AC |
| Center Properties | 1 | Year Built | 2004 |
| Total Space Available | 1,500 SF |
| Center Type | Strip Center |
| Parking | 140 Spaces |
| Center Properties | 1 |
| Frontage | 394’ on 98th St St |
| Gross Leasable Area | 18,000 SF |
| Total Land Area | 7.93 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
• Prime South Lubbock Location near the high-traffic intersection of 98th & Indiana, offering excellent visibility and access in a thriving retail corridor. • Second-Generation Restaurant Space (Suite 112): End cap with drive-thru, kitchen, bar, and large dining area that is perfect for a quick service or sit-down concept. • Versatile Retail Opportunity (Suite 9): 1,500 SF of open space ready to accommodate a wide range of retail or service-based businesses
- Signage
NEARBY MAJOR RETAILERS
Presented by
Raintree Plaza | 3408-3410 98th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.