West TX Eye - Portfolio

For Sale

2 Lubbock Locations, Lubbock, TX 79413

This Lubbock property for sale is located at 2 Lubbock Locations. The general use of West TX Eye - Portfolio is office and it incorporates 24,052 square feet of class B office space. The current listed sale price for West TX Eye - Portfolio is $9,767,314. West TX Eye - Portfolio is situated on a lot that is 2.53 acre in size.

Contacts

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650

Property Details

  • Property Type Office - General Office
  • Property Size 24,052 SF
  • Units 2
  • Lot Size 2.53 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Date Updated Apr 9, 2024
LUBBOCK, TEXAS Lubbock, Texas is a thriving city in northwest Texas with a Metro population of over 324,000+ residents. It is the 11th largest city in Texas and the 84th largest city in the United States with a population increase of 13.61% since the 2010 census. The city has a strong, diverse economy that is based on agriculture, health care, manufacturing, wholesale and retail trade, and education. The Lubbock area is the largest contiguous cotton-growing region in the world. It is home to 4 institutions of higher learning including Texas Tech University, Lubbock Christian University, Wayland Baptist (Lubbock campus) and South Plains College. Texas Tech has the distinction of being the largest comprehensive higher education institution in the western two-thirds of the state of Texas with a student enrollment of over 40,000 annually. Lubbock serves as a medical center for 77 counties with 4 major medical centers offering the most comprehensive health care services between Dallas/Ft. Worth and Phoenix. Lubbock Preston Smith International Airport, an official U.S. Customs Port of Entry, offers four major air carriers and four air freight companies. As the “Hub” of the 26-county region of West Texas and Eastern New Mexico, over 596,000 people look to Lubbock for their shopping, dining, entertainment, transportation and medical needs. "3 Major Business Expansions Create 400+ Jobs and $103.1M in Capital Investment" June 17, 2020 Announcement by LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE:  https://lubbockeda.org "HUB" of 26-County Region of West Texas and Eastern New Mexico Texas Tech University - 40,000+ Students 11th Largest City in Texas | 84th Largest City in U.S. #3 “Best Large City to Start a New Business” – by WalletHub 2021 Top 3 - Emerging Housing Markets Across America" - by WSJ with Realtor.com 2021TREK Investment Group is pleased to offer for sale the American Vision Partners / West Texas Eye Associates Portfolio of 2 properties which include two Eye Clinics. The properties are strategically located near the south of Loop 289 with traffic counts of 42,500+VPD, and in dense and growing neighborhoods with Household Incomes between $98,800 and $184,000+. They are surrounded by National and Regional Tenants such as Walmart Supercenter, CVS, Home Depot, Starbucks, Chick-fil-A, and H-E-B. Both locations are less than five miles from the South Plains Mall and within seven miles of the Lubbock Medical District.

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Highlights

  • Long-term NN Leases with 2% Annual Rent Increases | 2 - (5) yr Options with 2% Annual Increases Throughout
  • Long-term Stable Practice Serving Lubbock Since 1998
  • Purchased by American Vision Partners - Part of a family of 9 Other Medical Practices; 120 Locations
  • Both Locations are Surrounded by National and Regional Tenants such as Walmart Supercenter, CVS, Home Depot,
  • Starbucks, Chick-fil-A, H-E-B and more
  • Avg HH Income Between $98,800 and $184,000+ |Dense and Growing Neighborhoods
  • On Major Thoroughfares and Less than 5 miles from South Plains Mall and Within 7 miles from Lubbock Medical District

Getting around

  • 76/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Texas Tech
  • Zip Code 79413
  • Market Lubbock

Points of Interest

  • United Express

    0.29 miles

  • Alon

    0.35 miles

  • Phillips 66

    0.35 miles

  • Murphy USA

    0.61 miles

  • Phillips 66

    0.74 miles

  • Valero Corner Store

    0.99 miles

  • Conoco

    1.25 miles

  • Phillips 66

    1.26 miles

  • Bolton's

    1.40 miles

  • Phillips 66

    1.51 miles

  • Parking Garage

    0.35 miles

  • Raider Park Garage

    0.45 miles

  • Parking Garage

    0.49 miles

  • Residence Hall Parking - Lot Z1

    0.65 miles

  • Parking Garage

    0.89 miles

  • Visitor Park & Pay

    1.17 miles

  • Goin' Band Practice Area

    1.18 miles

  • City of Lubbock parking

    1.19 miles

  • American State Bank Parking

    1.25 miles

  • Lot Z-2

    1.30 miles

  • Courtyard Lubbock Downtown/University Area

    0.21 miles

  • Holiday Inn Express & Suites

    0.35 miles

  • Overton Hotel & Conference Center

    0.37 miles

  • Lubbock Inn

    0.42 miles

  • Hyatt Place Lubbock

    0.43 miles

  • Inn of the South Plains

    0.66 miles

  • University Suites Hotel

    0.73 miles

  • Super 8 Lubbock Civic Center North

    0.77 miles

  • La Quinta Inn by Wyndham Lubbock - Downtown Civic Center

    0.84 miles

  • Rodeway Inn

    0.90 miles

  • Amigos

    0.24 miles

  • Walmart Supercenter

    0.60 miles

  • Food King

    1.82 miles

  • Jirani International Enterprise African Market

    2.31 miles

  • Mirch Masala Groceries & Kitchen

    2.37 miles

  • Market Street

    2.69 miles

  • United Supermarkets

    3.14 miles

  • Big Lots

    3.35 miles

  • United Supermarkets

    3.36 miles

  • United Supermarkets

    3.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650