Former Walgreens Retail Store #11233 - Sublease
Spaces
Retail | Single tenant | 14,820 SqFt
Building description
Rent: $185,250 Yr. ($12.50/SF) Modified Net (inclusive of RE Taxes only; Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility)
Term: Thru 2/28/2033 (co-terminus with Master Walgreens Lease)
Premises: Approx. 14,820 SF, plus Drive-Thru
Signage: Building + Street-side Monument w/ Digital Panel
Premises Delivery: AS-IS
Zoning: MU-5 Civic Center (Lubbock, Texas Zoning Ordinances)
Parking: Approx. 76 estimated surface spots
PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE
Building highlights
* Former Walgreens site located in Lubbock, TX retail submarket
* High visibility site off approx. 2 blocks from Marsha Sharp Fwy (Hwy 82)
* Close Proximity to Texas Tech University (approx. 1.6 miles)
* AADT of approx. 22,739 at Ave Q & Mac Davis Lane (source: Costar)
* Increased Population Growth Projected From 2024-2029 (source: Costar)
* Close Proximity to Lubbock Preston Smith International Airport (approx. 6.2 miles)
* Approximately 76 Surface Parking Spots (Estimated)
* Built in 2007 (source: Costar)
Listing Contacts
Property History
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Additional Information
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