4426 34Th StLubbock, TX 79410

Property Details for 4426 34Th St

Year built

1960

Lot size

3.89 AC

Property size (Sq ft)

42,152 SF

Zone code

38

Property type

Retail properties

Property subtype

Strip malls

APN

R29022

APU

R29022

Description

This exceptional single-tenant retail property, located at 4426 34th Street, Lubbock, TX 79410, presents a compelling investment opportunity. Situated at the prominent intersection of 34th Street and Quaker Avenue, this 2004-built center underwent a complete renovation in 2023, ensuring modern appeal and functionality. The property is zoned for commercial use and is ideally suited for a variety of retail, restaurant, quick-service restaurant (QSR), automotive services, or outparcel businesses. Its single-tenant occupancy simplifies management and provides a stable income stream. The property's location in Lubbock, Texas, offers excellent access to a thriving local market and significant foot traffic. The precise square footage is not provided, but the property's strategic location and recent renovation make it an attractive prospect for investors seeking a high-return, low-maintenance asset. This is a rare opportunity to acquire a well-maintained, updated retail space in a desirable Lubbock location. The property's classification as a pad site, outparcel, and suitability for various commercial uses further enhances its versatility and potential for long-term growth. Interested parties should conduct their own due diligence to confirm all aspects of the property.

• CAP approach

  CAP return

  Valuation

  6%

  $9,192,827

  6.5%

  $8,485,686

  7%

  $7,879,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,476,819

  Geo Method

  $12,780,756

• Alternative Use

  Use

  Valuation

  Residential

  $7,157,994

  Hospitality

  $6,556,684

  Educational

  $5,455,084

  Medical

  $5,642,692

  Retail

  $8,485,686

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5638

Longitude

-101.907

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].