$22,980,000 SALE
50,196 SF
7320 Milwaukee Avenue
Lubbock, TX 79424 The HUB Shopping Center

Coldwell Banker Commercial Capital Advisors has been exclusively retained to offer for sale the fee-simple interest in The HUB Shopping Center, located at 7320|7604|7610 Milwaukee Avenue in Lubbock, Texas. For a complete Offering Memorandum prospective buyers are required to register and sign a confidentiality statement at www.TheHubShoppingCenter.com.

Property Type Retail
Property Use Rental or Investment
Year Built 2015
Zoning C-3
Listing ID 7LE3YV
Style Retail Bldg -Local Strip
Building Size 50,196 SF
Lot Size 5.49 AC
Available Date Sep 21st, 2021

Property Highlights

The HUB is Anchored by a 1,000,000+ Sq. Ft. Regional Shopping Center one mile to the North at Marsha Sharp Freeway and Walmart, and associated development, one-half mile to the South at 82nd Street

Located on Lubbock's Most Rapidly Developing Commercial Thoroughfare

No State Income Tax

50,196 Sq. Ft. Shopping Center with Strong Tenant Mix of Local, Regional and Nationally-Affiliated Tenants

Lubbock has a Trade Area Population of Nearly 640,000 People in West Texas and Eastern New Mexico

Surrounded by Single-Family Residential, Multi-Family Residential, Restaurant, Retail, Automotive and Hotel Development

Area Description

Region: Texas

Region: Lubbock

Property Features
Age: 6-10 Years Old
Water: Municipal Water
Sewer: City
Lot Size: 5-10 Acres
Location: Anchored by a one million square foot regional power center one mile to the north and Walmart one-half mile to the south, The HUB is strategically located along Lubbock's fastest-growing commercial corridor. Current development along the corridor includes residential, retail, restaurants, office, hotels, multi-family development and automotive sales. Recent and planned commercial and residential development in close proximity continues to enhance this corridor for local residents, while making it an increasingly popular shopping and dining destination for the 640,000 people on the South Plains of Texas and eastern New Mexico that utilize Lubbock's offerings as a destination for shopping, dining, entertainment and medical facilities. Lubbock's highly skilled and educated workforce, proximity and connection to major national and international markets, and its affordable living costs make it the ideal place to grow a business. Known as the "Hub City" of West Texas, Lubbock's diverse economy is based on manufacturing, agriculture, wholesale and retail trade services, as well as government, education and health care. As the 11th largest city in Texas, Lubbock boasts a trade-area population base of 639,921 people. Home to Texas Tech University, Texas Tech University Health Sciences Center, Lubbock Christian University and a fast-growing community college, Lubbock County boasts more than 50,000 college students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, an agriculture college and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.
Additional Media

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