West TX Eye - Portfolio

2 Lubbock Locations, Lubbock, TX 79413

  • For Sale $9,767,314
  • 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

Contacts

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable
  • Transit Score ®

    43/100 Some Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • 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

  • KFC

    0.20 miles

  • Wienerschnitzel

    0.24 miles

  • McDonald's

    0.24 miles

  • Panda Express

    0.26 miles

  • Popeyes

    0.26 miles

  • Sonic

    0.27 miles

  • Chick-fil-A

    0.30 miles

  • Firehouse Subs

    0.33 miles

  • Domino's

    0.34 miles

  • Bill's Drive In

    0.49 miles

  • Jackson Elementary School

    0.17 miles

  • Cavazos Middle School

    0.32 miles

  • McWhorter Elementary School

    0.54 miles

  • Jose S. Ramirez Charter School

    0.59 miles

  • Ramirez Elementary School

    0.61 miles

  • Matthews Alternative High School

    0.70 miles

  • Guadalupe Elementary School

    0.77 miles

  • Texas Tech University

    0.91 miles

  • Kaplan College

    1.10 miles

  • Texas Tech University

    1.24 miles

  • Early Learning Center of Lubbock

    1.11 miles

  • Miss Robin's Day School

    1.33 miles

  • Boardwalk

    1.69 miles

  • Stepping Stones

    1.78 miles

  • Achievers Learning Center

    3.35 miles

  • Treehouse Children's Academy

    3.39 miles

  • Wee Care Child Center

    3.95 miles

  • Christ the King ECDC

    4.04 miles

  • Creative Learning Center Preschool

    4.31 miles

  • Kidz Kare Too

    4.64 miles

Frequently Asked Questions

What is the lease rate for West TX Eye - Portfolio?

Rental asking rate at West TX Eye - Portfolio is $4,883,657.00/YR.

What is the total square footage of West TX Eye - Portfolio?

West TX Eye - Portfolio totals 24,052 square feet.

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Contact Listing Broker

broker

Parker Carroll, CCIM

TREK Investment Group

(512) 658-0650