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5718 4th St 1,745 SF of Retail Space Available in Lubbock, TX 79416
HIGHLIGHTS
- Shadow Anchored by Walmart
- Other Retailers in the Area Include Chick-fil-A, Wendy's, Sonic, Raising Cane's, Slim Chickens, Advance Auto, Dollar Tree
- Professionally Managed by Westar Commercial Realty
- Co-tenants include an AT&T Authorized Reseller and Endzone Liquors
- Located in an Area with a High Student Population (Texas Tech University & Lubbock Christian University)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,745 SF | 5 Years | $27.90 CAD/SF/YR $2.33 CAD/SF/MO $48,692 CAD/YR $4,058 CAD/MO | Triple Net (NNN) |
5718 4th St - 1st Floor - Ste B
Endcap unit in shopping center located near the intersection of 4th Street and Frankford Avenue in northwest Lubbock on a highly-travelled commercial thoroughfare. The center is shadow-anchored by Walmart. The space is suitable for multiple retail and service uses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Shadow Anchored by Walmart
- Co-tenants include an AT&T Authorized Reseller and
- Other Retailers in the Area Include Chick-fil-A, W
- Located in an Area with a High Student Population
- Professionally Managed by Coldwell Banker Commerci
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.
PROPERTY FACTS
| Total Space Available | 1,745 SF | Frontage | 235’ on 4th St |
| Center Type | Strip Center | Gross Leasable Area | 9,000 SF |
| Parking | 41 Spaces | Total Land Area | 0.78 AC |
| Stores | 3 | Year Built | 1985 |
| Center Properties | 1 |
| Total Space Available | 1,745 SF |
| Center Type | Strip Center |
| Parking | 41 Spaces |
| Stores | 3 |
| Center Properties | 1 |
| Frontage | 235’ on 4th St |
| Gross Leasable Area | 9,000 SF |
| Total Land Area | 0.78 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Endcap unit in shopping center located near the intersection of 4th Street and Frankford Avenue in northwest Lubbock on a highly-travelled commercial thoroughfare. The center is shadow-anchored by Walmart. The space is suitable for multiple retail and service uses.il uses. The property is located in northwest Lubbock, conveniently located on the north side of Slide Road between West Loop 289 and Frankford Avenue, and fronts 4th Street in close proximity to Walmart. Convenient to downtown Lubbock, Texas Tech University and Lubbock Christian University via 4th Street, North Loop 289 and West Loop 289, the area is growing with many new businesses. Alamo Drafthouse Cinema is approximately 1/2 mile to the northeast of the shopping center at North Loop 289 & Slide Road and Walmart, a Chick-Fil-A on the south side of 4th Street across from the center and a recently-opened Raising Cane's Chicken Fingers to the east of the center.
NEARBY MAJOR RETAILERS
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5718 4th St
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