50th Street & Slide Road Redevelopment Listing Details & Market Data

Lubbock, Texas is located in northwest Texas and has long been known as the “Hub” of the South Plains. Lubbock is a thriving city of over 265,000 people with a 2022 MSA population of over 328,200. Lubbock has seen a steady population increase over the past decade, equating to an astonishing 71% growth in the last 2 years alone. Lubbock has a strong, diverse economy that is based on agriculture, health care, manufacturing, wholesale and retail trade, and education. The city 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 a student enrollment of over 40,000 annually and has the distinction of being the largest comprehensive higher education institution in the western two-thirds of the state of Texas. The university is the major institution of higher education in a region larger than 46 of the nation’s 50 states and is the only campus in Texas that is home to a major university, law school and medical school. 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. In 2021 Lubbock was ranked #3 in the United States as “Best Place to Start a New Business”. Over 596,000 people look to Lubbock for their shopping, dining, entertainment, and medical needs.TREK Investment Group is pleased to offer 50th Street & Slide Road Redevelopment Site. Situated at a hard corner signalized intersection and within a prime heavy retail corridor, 50th Street & Slide Road will consist of 3 pad sites additional retail development totaling 42,560+/- square feet of retail space on 6.85+/- acres of land. Developed in two phases, Phase 1 will include 25,660+/- square feet of retail space, and Phase 2 will include an additional 16,900+/- square feet of retail space*. 50th Street & Slide Road is located less than 1 mile from West Loop 289, a multi-lane freeway that encircles the town of Lubbock and boasts traffic counts in excess of 73,000 VPD, offering the potential for high footfall and visibility. This is further enhanced by its proximity to national tenants such as Dollar Tree, Discount Tire, Walgreens, AT&T, Home Depot, as well South Plains Mall and many more. 50th Street & Slide Road Redevelopment Site presents a unique opportunity for Tenants looking to capitalize on the growth potential of this thriving retail market.TREK Investment Group is pleased to offer 50th Street & Slide Road Redevelopment Site. Situated at a hard corner signalized intersection and within a prime heavy retail corridor, 50th Street & Slide Road will consist of 3 pad sites additional retail development totaling 42,560+/- square feet of retail space on 6.85+/- acres of land. Developed in two phases, Phase 1 will include 25,660+/- square feet of retail space, and Phase 2 will include an additional 16,900+/- square feet of retail space*. 50th Street & Slide Road is located less than 1 mile from West Loop 289, a multi-lane freeway that encircles the town of Lubbock and boasts traffic counts in excess of 73,000 VPD, offering the potential for high footfall and visibility. This is further enhanced by its proximity to national tenants such as Dollar Tree, Discount Tire, Walgreens, AT&T, Home Depot, as well South Plains Mall and many more. 50th Street & Slide Road Redevelopment Site presents a unique opportunity for Tenants looking to capitalize on the growth potential of this thriving retail market.