Parcel A
Land | 0.72 acres
Marketing description
This offering presents a rare opportunity to acquire a three- property commercial portfolio strategically positioned along the Interstate 27 (I-27) Corridor, Lubbock’s primary North- South commercial and logistics artery. This collection of assets—comprising high-visibility retail, prime commercial land, and a significant site on a major cross-street—benefits directly from an Average Annual Daily Traffic (AADT) count surpassing 35,000 vehicles. The investment is underscored by Lubbock's consistent population growth (+6.83% projected) and its role as the economic and agricultural hub for the Texas Panhandle. With the ongoing, state-backed expansion of I-27 as the Ports-to-Plains future Interstate, this portfolio is uniquely poised for substantial long-term appreciation driven by improved connectivity and accelerated commercial activity. This is a chance to secure multiple critical parcels in an irreplaceable, high-velocity trade area. The properties are ideally situated to capture demand from the region's diverse economic sectors, including agriculture, energy, logistics, and education (Texas Tech University). This investment is perfect for sophisticated developers seeking immediate returns from high-exposure retail while holding strategic industrial and commercial land with significant future upside due to major infrastructure investment.
Investment highlights
I. Strategic Location & Infrastructure Momentum
Ports-to-Plains Corridor: Direct access and high visibility along the federally designated future I-27 Ports-to-Plains Corridor, ensuring a decades-long trajectory of enhanced logistical importance and economic expansion.
Irreplaceable Frontage: All three properties benefit from I-27 and/or 34th Street access, capturing the attention of over 35,000 vehicles per day—a non-negotiable metric for regional retail and service providers.
High-Volume Trade Area: Located within a 3-mile radius drawing from a population of over 68,000 residents and an average household income exceeding $118,000, confirming significant local spending power.
II. Versatility and Value-Add Potential
Multi-Asset Offering: A rare opportunity to acquire Retail, Industrial, and Commercial-zoned assets within a single, cohesive investment, allowing for a flexible, multi-phased development strategy.
3405 I-27 (Retail/Office): Immediate income or user-potential with established, freeway-facing commercial space. Ideal for corporate office, showroom, or high-traffic retail.
3501 I-27 (Industrial/Land): Prime land for industrial support, warehouse, or distribution facility, capitalizing on the logistics-driven nature of the I-27 nexus.
805 34th St (Corner Site): Key commercial corner lot offering significant redevelopment potential for hospitality, medical, or a new generation of mixed-use retail serving the dense surrounding residential base.
III. Market & Economic Tailwinds
Growth-Driven Market: Lubbock County is experiencing a $+6.83\%$ projected population growth in the immediate area, outperforming many national benchmarks and validating long-term demand.
Economic Stability: Anchor market for Texas Tech University, four major healthcare systems, and the High Plains agricultural industry, providing a diversified and resilient economic base.
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