6006 4Th StLubbock, TX 79416

Property Details for 6006 4Th St

Year built

2020

Lot size

1.49 AC

Property size (Sq ft)

16,830 SF

Zone code

17

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R46137

APU

R46137

Description

West Shadow Hills Center, a newly constructed 18,976 square foot strip center, offers exceptional retail space for lease in Northwest Lubbock. Strategically located at the high-traffic intersection of 4th Street and Frankford Avenue, near West Loop 289 and with easy access to Marsha Sharp Freeway and Milwaukee Avenue, this property enjoys unparalleled visibility and accessibility. The single-story building sits on a 1.49-acre lot and features a modern design. Two spaces are currently available, ranging from 2,032 to 2,042 contiguous square feet, with a total of 4,074 square feet of vacant space. The center is surrounded by residential areas (single-family homes and multi-family complexes) and high-volume retailers, creating a strong customer base. Ideal for a variety of businesses, including retail, offices, restaurants, salons, soft goods retailers, fitness centers, and other commercial ventures. A key advantage is the inclusion of drive-thru options on both end caps, complete with pre-installed grease traps for each end suite, making it particularly attractive to food-related businesses. Owners are offering a generous $30 per square foot tenant improvement allowance. This is a rare opportunity to secure a space in a thriving, well-located retail center. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,670,414

  6.5%

  $3,388,074

  7%

  $3,146,069

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,783,803

  Geo Method

  $5,102,964

• Alternative Use

  Use

  Valuation

  Residential

  $2,857,967

  Hospitality

  $2,617,882

  Educational

  $2,178,048

  Medical

  $2,252,954

  Retail

  $3,388,074

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5927

Longitude

-101.945

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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