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Sunshine Square 4519 50th St 5,240 SF of Retail Space Available in Lubbock, TX 79414
HIGHLIGHTS
- Strong surrounding retail and new development in proximity to location
- Long standing tenancy of existing business
- Rapidly growing market
- Ample parking surrounding retail center
- High visibility and traffic along 50th Street
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,240 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $52,400 /YR $4,367 /MO | Triple Net (NNN) |
1st Floor
Suite four features 5,240 sf of contiguous space perfect for a variety of users including retail, restaurant or office. Surrounded by ample parking, boasting high visibility, and a history of long tenancy, Sunshine Square is a prime location for businesses seeking a well-established and accessible setting.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Ample parking surrounding retail center
- High visibility and traffic along 50th Street
- Long standing tenancy of existing business
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.
PROPERTY FACTS
| Total Space Available | 5,240 SF | Year Built | 1973 |
| Property Type | Retail | Parking Ratio | 2.36/1,000 SF |
| Property Subtype | Storefront | Cross Streets | . |
| Gross Leasable Area | 25,370 SF |
| Total Space Available | 5,240 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 25,370 SF |
| Year Built | 1973 |
| Parking Ratio | 2.36/1,000 SF |
| Cross Streets | . |
ABOUT THE PROPERTY
Sunshine Square is situated within Loop 289 with convenient access to the region's primary shopping mall. Located along the bustling 50th Street corridor, this center sits just west of the Quaker Ave and 50th Street intersection totaling over ±45,740 vehicles per day. This corridor has experienced strong investment and redevelopment including Lubbock Square, a newly constructed Taco Bell, and a go-to brunch spot in Lubbock- The Co-Op Public House. As the 10th largest city in Texas, and home to over 56,000 college students and an MSA exceeding 360,000, Lubbock thrives as a center for education, healthcare, manufacturing, and agriculture.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Sunshine Square | 4519 50th St
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