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Retail-Commercial 5217 50th St 7,240 SF 72% Leased Retail Building Lubbock, TX 79414 $699,000 ($96.55/SF)

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INVESTMENT HIGHLIGHTS

  • Strong location: high traffic area w/excellent visibility and accessibility
  • Neighborhood Commercial zoning allows for a wide range of retail or office uses

EXECUTIVE SUMMARY

High-Visibility Corner | Versatile Use Potential
Located just off the bustling intersection of Slide Rd & 50th, this 7,240 SF two-tenant retail building presents an exceptional opportunity for investors, owner-users, or business operators seeking a prime commercial location.
Occupancy:
Tenant 1: Established flower shop with lease in place through December 2025
Tenant 2: Former multi-service hair salon space currently vacant – move-in ready for retail, office, or owner-use
Income Potential: Occupy one suite while benefiting from rental income from the existing tenant
Whether you're looking to invest in a income producing property or to establish your own business with additional lease revenue, this versatile asset offers both immediate and long-term upside in one of the area's most active commercial corridors.

ATTACHMENTS

5217 50th-Flyer

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,240 SF
Building Class
C
Year Built/Renovated
1973/2010
Price
$699,000
Price Per SF
$96.55
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.09 AC
Zoning
NC - Neighborhood Commercial
Parking
20 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
99’ on 50th St

AMENITIES

  • Pylon Sign
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,000 SF
  • Retail
  • -
  • Now

This 2,000 SF suite offers outstanding visibility near the high-traffic intersection of 50th Street and Slide, with easy access to both residential neighborhoods and surrounding commercial developments. Formerly a hair salon, the space is move-in ready and features durable hard-surface flooring with a wood-look finish, ideal for maintaining a clean and professional appearance. Its layout can easily accommodate a variety of uses, including retail, salon, or office operations. Conveniently located near West Loop 289, this site provides excellent connectivity and exposure in one of Lubbock’s busiest commercial corridors.

Space Size Space Use Position Available
1st Floor 2,000 SF Retail - Now

1st Floor

Size
2,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,000 SF
Space Use Retail
Position -
Available Now

This 2,000 SF suite offers outstanding visibility near the high-traffic intersection of 50th Street and Slide, with easy access to both residential neighborhoods and surrounding commercial developments. Formerly a hair salon, the space is move-in ready and features durable hard-surface flooring with a wood-look finish, ideal for maintaining a clean and professional appearance. Its layout can easily accommodate a variety of uses, including retail, salon, or office operations. Conveniently located near West Loop 289, this site provides excellent connectivity and exposure in one of Lubbock’s busiest commercial corridors.

NEARBY MAJOR RETAILERS

Dutch Bros
Red Lobster
Royal Bank of Canada
Denny's
Starbucks
Texas Roadhouse
The Cheesecake Factory
Chili's Grill & Bar
Olive Garden
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R25618
Land Assessment
$122,500
Improvements Assessment
$352,500
Total Assessment
$475,000
  • Listing ID: 36431375

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 5217 50th St, Lubbock, TX 79414

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