What Retail Space Rent & Type to Expect in Lubbock, TX
In Lubbock, the average cost per square foot of renting retail space comes up to $15.61, based on local retail spaces listed for lease on our website. This price can be influenced by several factors, such as location, retail space type, space size, and the structure or type of the lease.
The most popular lease type in Lubbock is NNN, with 55 space(s) available for rent under such an agreement.
You can also find 6 option(s) available with Modified Gross lease agreements, and 2 Full Service listing(s).
Most Common Type of Lease for Retail Listings in Lubbock, TX
- NNN
55
- Modified Gross
6
- Full Service
2
Data based on retail spaces listed for rent on PropertyShark.com.
Learn More About Retail Space Listings in Lubbock, TX
There is a total of 2,531,391 square feet of retail space in Lubbock.
This includes retail spaces ranging from 60 to 814,572 square feet.
Most retail spaces in Lubbock are sized 1,000 sqft to 2,500 sqft, with 65 retail listing(s) falling in this category.
Lubbock is also home to 35 listing(s) in the more than 5,000 sqft size range.
Retail Size Bucket
No. of Listings
more than 5,000 sqft
35
2,500 sqft to 5,000 sqft
28
1,000 sqft to 2,500 sqft
65
less than 1,000 sqft
12
Most retail spaces in Lubbock fall within the Strip Retail category, of which you can find 14 space(s) listed locally.
On average, this type of commercial space offers 2,416 square feet.
Strip retail spaces target customers that intend to make a single stop for all their shopping needs. To that end, businesses that intend to rent a strip retail space can benefit greatly from filling a niche in a strip mall or complementing the other stores around them.
Lubbock also hosts 8 Restaurant space(s), which have an average square footage of 4,651 square feet.
Restaurant retail space offers tenants all the amenities that such an establishment might need to prepare and serve food on the premises. That usually includes a seating area, separate kitchen and storage.
The third most popular type of retail space in the Lubbock market is Street Retail, of which you’ll see 3 listing(s).
Street Retail spaces span 2,653 square feet on average.
A favorite of boutique shoppers worldwide, street retail properties offer businesses great access to urban and suburban customer bases. Generally being smaller in size, these retail spaces can be a great choice for some categories of retail businesses.
Lubbock, TX Retail for Lease Listings by Retail Use Type
- Strip Retail
14
- Restaurant
8
- Street Retail
3
Data based on retail spaces listed for rent on PropertyShark.com.
Where You Are Most Likely to Find Retail Space in Lubbock, TX
Some neighborhoods become famed shopping destinations thanks to their long retail history. Other times, an area’s potential for shoppers is boosted by the opening of a large shopping mall, attracting more retail development to take advantage of the influx of shoppers.
Leroy Elmore is Lubbock's most popular neighborhood for retail, currently home to 20 listing(s).
The most popular retail space type in Leroy Elmore is Street Retail, of which you can currently find 3 listing(s).
Another popular area for retail space in Lubbock is Wester, which currently offers 20 retail listing(s).
In the Wester neighborhood, the most common subtype of retail is Street Retail. You can find 1 Street Retail listing(s) here.
Overton can also be counted among the best areas of Lubbock for retail leasing opportunities. This Overton submarket currently offers 16 retail listing(s).
Leroy Elmore
20
Wester
20
Overton
16
Raintree
16
University Pines
16
6109 Slide Rd, Leroy Elmore, Lubbock, TXSpace Type