West TX Eye Clinic - 50th St

3611 50th Street, Lubbock, TX 79413

  • For Sale $2,443,943
  • Property Type Office - Medical Office
  • Property Size 6,034 SF
  • Lot Size 0.98 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999
  • 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 USA #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 West TX Eye Clinic office building in Lubbock, Texas. West Texas Eye Associates is a long-term stable tenant serving Lubbock since 1998. The subject property is strategically located on one of Lubbock's major corridors inside Loop 289 seeing 28,000+ VPD, only 2 miles from Lubbock's Medical District and 3 miles from Texas Tech University. West Texas Eye Clinic is situated in a dense neighborhood with average Household Income of $98,800+ in a 1 mile radius. This property is shadowed by Sutherlands, and also sur

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Highlights

  • NN Lease | 8 Years Remaining | 2% Annual Increases Throughout
  • 2 - (5)yr Options to Renew also with 2% Annual Increases
  • Long-term Stable Practice Serving Lubbock Since 1998
  • Purchased by AVP Texas Vision Management, LLC - Part of a family of 9 Other Medical Practices
  • Dense area of Lubbock w/Avg HH Income $98,800+ in 1 mile radius
  • Major Traffic Corridor Inside Loop 289 | Traffic Counts 28,000+VPD
  • 2 miles from Lubbock's Medical District | 3 miles from Texas Tech University with 40,000 Students

Contacts

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable
  • Transit Score ®

    23/100 Minimal Transit
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Lubbock, TX
  • Neighborhood Leroy Elmore
  • Zip Code 79413
  • Market Lubbock

Points of Interest

  • Alon

    0.67 miles

  • Alon

    1.08 miles

  • Alon

    1.37 miles

  • Valero

    1.41 miles

  • Murphy USA

    1.43 miles

  • E-Z Mart

    1.63 miles

  • Phillips 66

    1.65 miles

  • Valero

    1.68 miles

  • Alon

    1.68 miles

  • Rudy's Gas

    1.72 miles

  • Flint Ave Garage

    2.28 miles

  • Residence Hall Parking - Lot Z3

    2.28 miles

  • Goin' Band Practice Area

    2.48 miles

  • Visitor Park & Pay

    2.49 miles

  • Commuter Parking - Lot S1

    2.63 miles

  • Lot F-0

    2.80 miles

  • Commuter Parking - Lot S2

    2.81 miles

  • Lot A-0

    2.86 miles

  • Lot F-1

    2.87 miles

  • Lot A-1

    2.92 miles

  • Hampton

    1.44 miles

  • Fairfield Inn

    1.45 miles

  • Courtyard by Marriott

    1.46 miles

  • Ashmore Inn & Suites

    1.47 miles

  • Extended Stay America

    1.54 miles

  • Villa Town

    1.62 miles

  • Staybridge Suites

    1.67 miles

  • Studio 6

    1.75 miles

  • Comfort Suites

    1.78 miles

  • Studio 6 Lubbock, TX - Medical Center

    1.81 miles

  • Bejing House

    0.04 miles

  • Wild Burger Grille

    0.15 miles

  • Sonic

    0.33 miles

  • Donuts

    0.53 miles

  • Something Different Grill

    0.55 miles

  • One Guy

    0.58 miles

  • Dunkin' Donuts

    0.63 miles

  • Dimba's

    0.68 miles

  • Little Caesars

    0.73 miles

  • Subway

    0.75 miles

  • Maedgen Elementary School

    0.41 miles

  • Monterey High School

    0.48 miles

  • Christ the King School

    0.48 miles

  • Evans Middle School

    0.65 miles

  • Wheelock Elementary School

    0.99 miles

  • Vista College

    1.00 miles

  • Parsons Elementary School

    1.04 miles

  • Jayne Ann Miller Elementary

    1.11 miles

  • Stewart Elementary School

    1.24 miles

  • Williams Elementary School

    1.27 miles

  • Christ the King ECDC

    0.41 miles

  • Kidz Kare Too

    1.22 miles

  • Achievers Learning Center

    1.36 miles

  • Stepping Stones

    2.06 miles

  • Boardwalk

    2.13 miles

  • Playhouse and Learning Station

    2.31 miles

  • Miss Robin's Day School

    2.47 miles

  • Shelby & Friends Day Care Center

    2.64 miles

  • Ripley Do-Da's Learning Center

    2.95 miles

  • Treehouse Children's Academy

    3.02 miles

Frequently Asked Questions

What is the lease rate for West TX Eye Clinic - 50th St?

Rental asking rate at West TX Eye Clinic - 50th St is $1,221,971.50/YR.

What is the total square footage of West TX Eye Clinic - 50th St?

West TX Eye Clinic - 50th St totals 6,034 square feet.

When was this property built?

West TX Eye Clinic - 50th St was built in 1999.

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Contact Listing Broker

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650