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1102 Avenue Q
Lubbock, TX 79401
Retail Property For Sale


EXECUTIVE SUMMARY
Coldwell Banker Commercial, Capital Advisors is pleased to offer for sale or for lease a 9,984 square-foot retail building at 1102 Avenue Q, Lubbock, TX, is a prime commercial opportunity. Originally constructed in 2013 and formerly occupied by Advance Auto Parts, the property is situated on a spacious 0.92-acre lot, offering excellent visibility and accessibility in a high-traffic area.
The building was constructed with stucco, brick, and cinder block materials while also a concrete parking lot throughout the premises. The property is located on a hard corner at the intersection of Avenue Q and Broadway Street, which has over 33,000 vehicles per day. There are currently approx. 39 parking spaces with 2 points of ingress/egress on Avenue Q and Broadway Ave. The subject property is zoned as “Broadway Commercial” or “MU-2” and is well located right between Texas Tech University, Overton, and Downtown Lubbock. Texas Tech University has a student enrollment of over 41,000 and there are multiple student housing
properties around the subject site such as University Trails, University Pointe, Centre Suite at Overton Park, U Club Townhomes at Overton Park, The Collective at Lubbock Apartments, and Park East Student Living amassing approximately 11,000 beds.
Just east of the subject property is the Lubbock Civic Center and the Buddy Holly Hall, which is a 220,000 sq. ft. performing arts center and $154 million to complete.
The building was constructed with stucco, brick, and cinder block materials while also a concrete parking lot throughout the premises. The property is located on a hard corner at the intersection of Avenue Q and Broadway Street, which has over 33,000 vehicles per day. There are currently approx. 39 parking spaces with 2 points of ingress/egress on Avenue Q and Broadway Ave. The subject property is zoned as “Broadway Commercial” or “MU-2” and is well located right between Texas Tech University, Overton, and Downtown Lubbock. Texas Tech University has a student enrollment of over 41,000 and there are multiple student housing
properties around the subject site such as University Trails, University Pointe, Centre Suite at Overton Park, U Club Townhomes at Overton Park, The Collective at Lubbock Apartments, and Park East Student Living amassing approximately 11,000 beds.
Just east of the subject property is the Lubbock Civic Center and the Buddy Holly Hall, which is a 220,000 sq. ft. performing arts center and $154 million to complete.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,984 SF
Building Class
C
Year Built
2013
Price
$3,307,992 CAD
Price Per SF
$331.33 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.91 AC
Parking
5 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
90’ on Avenue Q St
AMENITIES
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | R66448 | Improvements Assessment | $1,051,166 CAD |
| Land Assessment | $445,859 CAD | Total Assessment | $1,497,025 CAD |
PROPERTY TAXES
Parcel Number
R66448
Land Assessment
$445,859 CAD
Improvements Assessment
$1,051,166 CAD
Total Assessment
$1,497,025 CAD
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