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7320 Milwaukee Ave
Lubbock, TX 79424
The Hub Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
17,528 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.03 AC
Zoning
C-2 - Commercial
Parking
407 Spaces (23.22 Spaces per 1,000 SF Leased)

ABOUT 7320 MILWAUKEE AVE , LUBBOCK, TX 79424

The HUB Shopping Center is a 50,196 sq. ft. shopping center on a 5.49-acre tract of land and constructed in two phases (2015/2016) with a strong mix of local, regional and nationally-affiliated tenants. Anchored by a 1 million square foot regional power center one mile to the north and Walmart one-half mile to the south, The HUB is strategically located along Lubbock's fastest-growing commercial corridor. Current development along the corridor includes residential, retail, restaurant, office, multi-family development and automotive sales. Recent and planned commercial and residential development in close proximity continue to enhance this corridor for local residents, while making it an increasingly popular shopping and dining destination for the 640,000 people on the South Plains of Texas and eastern New Mexico that utilize Lubbock's offerings as a destination for shopping, dining, entertainment and medical facilities. Lubbock’s highly skilled and educated workforce, proximity and connection to major national and international markets, and affordable utility and living costs make it the ideal place to grow a business. Known as the “Hub City” of West Texas, Lubbock's diverse economy is based on manufacturing, agriculture, wholesale and retail trade services, as well as government, education and health care. As the 11th largest city in Texas, Lubbock boasts a trade-area population base of 639,921 people. Home to Texas Tech University, Texas Tech University Health Sciences Center, Lubbock Christian University and a fast-growing community college, Lubbock County boasts more than 50,000 college students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, an agriculture college and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R324013
Land Assessment
$750,516
Improvements Assessment
$1,449,484
Total Assessment
$2,200,000
  • Listing ID: 17362019

  • Date on Market: 10/3/2019

  • Last Updated:

  • Address: 7320 Milwaukee Ave, Lubbock, TX 79424

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