Former Walgreens Retail Store - Sublease

602 Avenue Q, Lubbock, TX 79401

  • For Lease $12.50/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 14,820 SF
  • Lot Size 1.89 Acre
  • Property Tenancy Single Tenant
  • Year Built 2007
  • Date Updated Aug 16, 2025
* Former Walgreens site located in Lubbock, TX retail submarket * High visibility site off approx. 2 blocks from Marsha Sharp Fwy (Hwy 82) * Close Proximity to Texas Tech University (approx. 1.6 miles) * AADT of approx. 22,739 at Ave Q & Mac Davis Lane (source: Costar) * Increased Population Growth Projected From 2024-2029 (source: Costar) * Close Proximity to Lubbock Preston Smith International Airport (approx. 6.2 miles) * Approximately 76 Surface Parking Spots (Estimated) * Built in 2007 (source: Costar)Rent: $185,250 Yr. ($12.50/SF) Modified Net (inclusive of RE Taxes only; Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility) Term: Thru 2/28/2033 (co-terminus with Master Walgreens Lease) Premises: Approx. 14,820 SF, plus Drive-Thru Signage: Building + Street-side Monument w/ Digital Panel Premises Delivery: AS-IS Zoning: MU-5 Civic Center (Lubbock, Texas Zoning Ordinances) Parking: Approx. 76 estimated surface spots PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE
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Reach out to the broker for more info on lease terms and amenities

Spaces Available

Contacts

broker
Kory Pryor

23 Realty Advisors

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Transit Score ®

    31/100 Some Transit

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Lubbock, TX
  • Neighborhood Overton
  • Zip Code 79401
  • Market Lubbock

Points of Interest

  • Phillips 66

    0.17 miles

  • Murphy USA

    0.17 miles

  • Valero

    0.84 miles

  • Alon

    0.85 miles

  • Flying J

    0.86 miles

  • Conoco

    1.04 miles

  • SPEC ChargePoint Station

    1.10 miles

  • Murphy Express

    1.14 miles

  • Tesla Supercharger

    7.73 miles

  • Parking Garage

    0.26 miles

  • City of Lubbock parking

    0.49 miles

  • American State Bank Parking

    0.56 miles

  • Residence Hall Parking - Lot Z1

    0.91 miles

  • Lot R14

    1.02 miles

  • Raider Park Garage

    1.08 miles

  • Pancake House

    0.06 miles

  • Denny's

    0.07 miles

  • Cheezies' Pizza

    0.09 miles

  • Claraboya Scratch Kitchen Bar

    0.10 miles

  • Wingstop

    0.10 miles

  • River Smith's

    0.12 miles

  • Taco Bell

    0.16 miles

  • Burger King

    0.17 miles

  • Church's Chicken

    0.21 miles

  • Rooster's Texas BBQ

    0.32 miles

  • Walmart Supercenter

    0.17 miles

  • Amigos

    0.99 miles

  • Food King

    1.73 miles

  • Jirani International Enterprise African Market

    2.16 miles

  • Mirch Masala Groceries & Kitchen

    2.23 miles

  • United Supermarkets

    2.79 miles

  • Market Street

    3.07 miles

  • Ross

    3.18 miles

  • Big Lots

    3.98 miles

  • Target

    4.37 miles

Frequently Asked Questions

How much does retail space at 602 Avenue Q cost?

The asking price for retail space at 602 Avenue Q is $12.50/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 602 Avenue Q?

The property has 14,820 square feet of rentable Freestanding space. Rental opportunities here are available under Modified Gross lease terms.

The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 602 Avenue Q?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 602 Avenue Q. You can find 2 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 602 Avenue Q.

Is 602 Avenue Q located in a popular area for retail businesses?

The property is part of Overton, which is home to 16 other retail listings.

Other popular areas for retail businesses in Lubbock include Raintree, Overton, Regal Park.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Kory Pryor

23 Realty Advisors

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