3701 50Th StLubbock, TX 79413

Property Details for 3701 50Th St

Year built

2003

Lot size

11.74 AC

Property size (Sq ft)

139,534 SF

Zone code

38

Property type

Commercial real estate

APN

R60880

APU

R60880

Description

This exceptional freestanding retail property, located at 3701 50th Street in Lubbock, Texas, offers a significant opportunity for businesses seeking high visibility and accessibility. The 130,254 square foot building sits on an expansive 11.74-acre lot and is comprised of multiple tenancies, with a minimum divisible space of 15,094 square feet and a maximum contiguous space of 15,094 square feet currently available. The property boasts an outstanding location at the southeast corner of 50th Street and Memphis Avenue, benefiting from exceptional traffic counts. 50th Street sees 30,597 vehicles per day, while Memphis Avenue registers 8,084 vehicles per day, ensuring significant exposure for tenants. Its proximity to Texas Tech University, less than three miles away, provides access to a large student population and surrounding community. The property also features ample on-site parking with 750 spaces available for customers and employees. This prime retail location in Lubbock County, Texas (zip code 79413) presents a rare opportunity to establish or expand a business in a high-demand area. The property's size and location make it ideal for a variety of retail uses.

• Alternative Use

  Use

  Valuation

  Residential

  $23,694,806

  Hospitality

  $21,704,316

  Educational

  $18,057,736

  Medical

  $18,678,768

  Retail

  $28,089,812

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5475

Longitude

-101.895

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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