




$1,550,000
NAL Estimated Property Value12213 University Avenue #14, Lubbock, TX, 79423
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About this property
Built in 2018, this retail space includes an end cap storefront with 2,750 SF. A drive-through window could easily be Installed to make for high traffic store. The entire space could also double as a storefront, office space, or meeting room. 2 bathrooms with 2 exits to rear parking. This South Lubbock location is close to FM 1585 and 114th Street. The tenant is subleasing the space at a discounted rate on a modified gross lease. Taxes and Insurance are included in the price.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lubbock
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