2431-2449 34th St - Retail FOR SALE


Lubbock, TX 79411- Clapp Park
$700,000 USD
2431-2449 34th St, Lubbock, TX for Sale
$700,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

2431-2449 34th St
Lubbock, TX 79411
Clapp Park


HIGHLIGHTS

  • Located on the corner of signalized intersiection with 31,400 VPD
  • Located one mile South of Texas Tech University

OVERVIEW

Situated at the signalized intersection of 34th Street and University Avenue, the property benefits from a highly visible, centrally located position within the Lubbock trade area. The site is located approximately one mile south of Texas Tech University, two miles north of South Loop 289, and 1.5 miles west of Interstate 27, providing convenient access to the city’s primary transportation corridors. Central Lubbock maintains the highest population density in the market, largely driven by its proximity to Texas Tech University. The 34th Street and University Avenue corridors serve as critical traffic arteries for students, faculty, and the surrounding residential base, supported by the University’s continued record-setting enrollment, now estimated to exceed 42,000 students. The immediate area reflects a stable and evolving commercial landscape, with several businesses operating successfully for more than 50 years alongside ongoing redevelopment. Recent investment has introduced new convenience-oriented retail, financial institutions, and service providers, reinforcing the corridor’s long-term viability and demand.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

15,680sf Retail | 34th St. & University Ave.

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

NC

APN/PARCEL ID

R67378

ASK ABOUT THIS PROPERTY

Randy EgenbacherEgenbacher Commercial PropertiesMore Info

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