Shopping Neighborhood
Shops at Covenant Health
5217 98th St, Lubbock, TX 79424
Listing Price: $6,120,000
Cap Rate
7.00%
Gross SF
21,000
Rentable SF
21,000
Price/Gross SF
$291.43
Lot Size
1.95 acres
Year Built
2009
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the Shops at Covenant Health in Lubbock, Texas.
Shops at Covenant Health
Investment Highlights
- Net Leased Strip Center with Drive-Thru and Outdoor Seating
- Upside Potential Through Vacancy Lease Up
- Shadow Anchored by 55K SF Covenant Health Southwest Medical Park
- Landlord-Friendly NNN Lease Structure
- Affluent and Growing Consumer Base within Immediate Trade Area
Exclusively Listed By
Broker of Record
Listing Price: $6,120,000
Cap Rate
7.00%
Gross SF
21,000
Rentable SF
21,000
Price/Gross SF
$291.43
Lot Size
1.95 acres
Year Built
2009
Investment Highlights
- Net Leased Strip Center with Drive-Thru and Outdoor Seating
- Upside Potential Through Vacancy Lease Up
- Shadow Anchored by 55K SF Covenant Health Southwest Medical Park
- Landlord-Friendly NNN Lease Structure
- Affluent and Growing Consumer Base within Immediate Trade Area
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the Shops at Covenant Health in Lubbock, Texas.
Exclusively Listed By
Broker of Record
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