Your email has been sent.
Overton Plaza 1923 4th St 1,320 - 4,040 SF of Retail Space Available in Lubbock, TX 79415
HIGHLIGHTS
- Prime location near Texas Tech University and Downtown Lubbock
- Tenant Improvement Allowance negotiable
- Adjacent to Walmart Supercenter with excellent visibility and access
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,320-4,040 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $67,674 CAD/YR $5,640 CAD/MO | Triple Net (NNN) |
1923 Marsha Sharp Fwy - 1st Floor
Discover an exceptional opportunity within this retail center strategically situated near Texas Tech University and Downtown Lubbock! Fronting the access road to Marsha Sharp Freeway and neighboring Walmart Supercenter, this center provides exceptional visibility and convenient access to major routes such as I27, US 82, and US 84. Whether you are a retail or office tenant wanting a shell space to customize or a space that is turnkey, this shopping center has both opportunities available. The west end-cap is a 1,400sqft second-generation retail space with custom built-ins and servicing stations formerly used as a technology and cell phone repair store. This suite has the flexibility to expand into the adjacent 2,640sqft of first-generation inline space. Inline availability can range from 1,200 to 2,640 contiguous square feet. These shell spaces are ready for customization to fit the needs of their tenant. Tenant Improvement Allowance is negotiable. Contact the listing agent for additional information and to schedule a tour.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Neighboring Walmart Supercenter
- Visibility from Marsha Sharp FWY
- Convenient access to major routes
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT OVERTON PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Fresenius Kidney Care
- Health Care and Social Assistance
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Fresenius Kidney Care | Health Care and Social Assistance | - | - |
PROPERTY FACTS
| Total Space Available | 4,040 SF | Center Properties | 1 |
| Min. Divisible | 1,320 SF | Gross Leasable Area | 18,720 SF |
| Center Type | Strip Center | Total Land Area | 1.58 AC |
| Parking | 40 Spaces | Year Built | 2007 |
| Stores | 1 |
| Total Space Available | 4,040 SF |
| Min. Divisible | 1,320 SF |
| Center Type | Strip Center |
| Parking | 40 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Gross Leasable Area | 18,720 SF |
| Total Land Area | 1.58 AC |
| Year Built | 2007 |
ABOUT THE PROPERTY
Discover an exceptional opportunity within this retail center strategically situated near Texas Tech University and Downtown Lubbock! Fronting the access road to Marsha Sharp Freeway and neighboring Walmart Supercenter, this center provides exceptional visibility and convenient access to major routes such as I27, US 82, and US 84. Whether you are a retail or office tenant wanting a shell space to customize or a space that is turnkey, this shopping center has both opportunities available. The west end-cap is a 1,400sqft second-generation retail space with custom built-ins and servicing stations formerly used as a technology and cell phone repair store. This suite has the flexibility to expand into the adjacent 2,640sqft of first-generation inline space. Inline availability can range from 1,200 to 2,640 contiguous square feet. These shell spaces are ready for customization to fit the needs of their tenant. Tenant Improvement Allowance is negotiable. Contact the listing agent for additional information and to schedule a tour.
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Overton Plaza | 1923 4th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.