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Mission Plaza 3501 50th- St 1,262 - 4,118 SF of Retail Space Available in Lubbock, TX 79413
HIGHLIGHTS
- Central Lubbock Location
- Grocery Anchored Intersection (±51,500 VPD)
- Longstanding Retail Center within 2 miles form Texas Tech University
- Highest Residential Density in Lubbock
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 208 | 2,856 SF | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $39,867 CAD/YR $3,322 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 222 | 1,262 SF | 3 Years | $16.05 CAD/SF/YR $1.34 CAD/SF/MO $20,259 CAD/YR $1,688 CAD/MO | Triple Net (NNN) |
3501 W 50th St - 1st Floor - Ste 208
Can be combined.
- Lease rate does not include utilities, property expenses or building services
3501 W 50th St - 1st Floor - Ste 222
- Lease rate does not include utilities, property expenses or building services
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 4,118 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 83,013 SF |
| Parking | 306 Spaces | Total Land Area | 7.17 AC |
| Stores | 4 | Year Built | 1983 |
| Center Properties | 4 |
| Total Space Available | 4,118 SF |
| Center Type | Neighborhood Center |
| Parking | 306 Spaces |
| Stores | 4 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 83,013 SF |
| Total Land Area | 7.17 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
Mission Plaza Shopping Center is located just west of the Indiana Ave and 50th Street intersection totaling over ±51,500 Vehicles per Day. Shadow Anchored by regional grocer United Supermarket's Market Street which is in the Top 3 most visited Market Streets within the state of Texas, according to Placer.AI. Additional traffic generators found at this intersection include Planet Fitness, Starbucks, BioLife Plasma Services, and CVS.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Mission Plaza | 3501 50th- St
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