5705 Slide RdLubbock, TX 79414

Property Details for 5705 Slide Rd

Year built

1986

Lot size

0.25 AC

Property size (Sq ft)

3,440 SF

Zone code

38

Property type

Retail space

APN

R122306

APU

R122306

Description

This exceptional 1,686 square foot retail space is ideally situated in Lubbock County's Flagship Shopping Center, offering unparalleled visibility and accessibility. The property boasts prime frontage on Slide Road, ensuring high traffic volume and excellent brand exposure. Built in 1985, this single-story, 1-building strip center is zoned C-2, providing flexibility for a variety of retail uses. The entire space is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The property features ample surface parking for customer convenience. The asking rent is $24.00 per square foot, which includes base year net, net, net (NNN) charges. The APN is R122306. This is a fantastic chance to establish a strong retail presence in a high-traffic location. The property's single-story design and ample parking make it highly attractive to customers. The C-2 zoning allows for a wide range of retail businesses. Don't miss this opportunity to secure a prominent retail space in a thriving Lubbock County location. The entire 1,686 square feet is available for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $750,221

  6.5%

  $692,512

  7%

  $643,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $773,398

  Geo Method

  $1,043,030

• Alternative Use

  Use

  Valuation

  Residential

  $584,160

  Hospitality

  $535,087

  Educational

  $445,186

  Medical

  $460,497

  Retail

  $692,512

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5422

Longitude

-101.922

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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