Investment Overview
Located at 5605 Villa Drive in Lubbock, Texas, this 28,850 SF retail center sits on approximately 1.89 acres and presents a significant value-add opportunity for investors and owner-users. Offered at approximately $28.60 per square foot, the property provides an attractive acquisition basis with potential for renovation, lease-up, repositioning, or redevelopment.
The property features an existing multi-tenant retail configuration, ample parking, and convenient access to I-27, Loop 289, and Highway 84. Its size, layout, and commercial zoning offer flexibility for a variety of potential uses, subject to applicable approvals.
Investment Highlights
- 28,850 SF Existing Retail Center
- Attractive Acquisition Price of $28.60/SF
- Significant Value-Add and Repositioning Potential
- Flexible Multi-Tenant Configuration
- Convenient Access to I-27, Loop 289, and Highway 84