8215 University Ave | Lubbock, TX 79423
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- LoopNet Team
8215 University Ave
Lubbock, TX 79423
South University Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Multi-Tenant Retail-Asset with Scheduled Rental Increases
- High-Visibility and Easily Accessible Location Near the Signalized Four-Way Intersection of University Avenue and 82nd Street (64,182 AADT)
- Located in an Income Tax-Free State
- New Corporate Leases to a Strong-Mix of Amazon-Proof Retailers
- Population of 182,310 Within a Five-Mile Radius of the Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,885 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.03 AC
Zoning
C3
Parking
60 Spaces (5.74 Spaces per 1,000 SF Leased)
Frontage
186’ on University Avenue
AMENITIES
- Courtyard
- Freeway Visibility
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R34417 | Improvements Assessment | $935,208 |
| Land Assessment | $403,542 | Total Assessment | $1,338,750 |
PROPERTY TAXES
Parcel Number
R34417
Land Assessment
$403,542
Improvements Assessment
$935,208
Total Assessment
$1,338,750
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