7006 University Ave | Lubbock, TX 79413
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- LoopNet Team
7006 University Ave
Lubbock, TX 79413
Prime Retail Redevelopment Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity | Value-Add Property | Huge Upside Potential | Substantially Below Market Rents
- Signalized Hard Corner | Traffic Counts of 82,000+ VPD on TX Loop 289 | Toot'n Totum Convenience Store is now Open
- 2 Years Remaining on Current Absolute NNN Lease | No Options Remain
- Surrounded by National Retailers such as Target, McDonalds, Chick-fil-a, Walgreens and numerous others
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,859 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.43 AC
Parking
36 Spaces (12.41 Spaces per 1,000 SF Leased)
Frontage
175’ on TX 289 Loop Frontage Rd
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | R351591 | Improvements Assessment | $155,128 |
| Land Assessment | $74,872 | Total Assessment | $230,000 |
PROPERTY TAXES
Parcel Number
R351591
Land Assessment
$74,872
Improvements Assessment
$155,128
Total Assessment
$230,000
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