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12011 Indiana Avenue - Shopping Center 12011 Indiana Ave
1,600 - 3,200 SF of Retail Space Available in Lubbock, TX 79423
Highlights
- Only two units left offering space between 1,600 SF and 3,200 SF
- Flexible lease terms
- Drive thru end cap available
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 300 | 1,600 SF | Negotiable | $32.71 CAD/SF/YR $2.73 CAD/SF/MO $352.04 CAD/m²/YR $29.34 CAD/m²/MO $4,361 CAD/MO $52,330 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 400 | 1,600 SF | Negotiable | $35.55 CAD/SF/YR $2.96 CAD/SF/MO $382.66 CAD/m²/YR $31.89 CAD/m²/MO $4,740 CAD/MO $56,880 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 300
• In-line unit • 1,600 SF • Contiguous with Unit 400: Rent Unit 300 + 400 for an even larger space
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- High End Trophy Space
- Can be combined with additional space(s) for up to 3,200 SF of adjacent space
- In-line unit with Indiana frontage
- 1,600 SF minimum
- Contiguous with Unit 400
1st Floor, Ste 400
• End-cap unit • 1,600 SF • Exclusive drive-thru lane • 1,500-gallon grease trap • Contiguous with Unit 300: Rent Unit 300 + 400 for an even larger space
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,200 SF of adjacent space
- Corner Space
- Drive Thru
- End-cap unit with high Indiana visibility
- Exclusive drive-thru lane
- Ability to lease Unit 300 for contiguous space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 12011 Indiana Avenue - Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Ravi's Liqour
- Accommodation and Food Services
- 1
- -
- Will be released soon
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| Ravi's Liqour | Accommodation and Food Services | 1 | - |
| Will be released soon | Health Care and Social Assistance | - | - |
PROPERTY FACTS FOR 12011 Indiana Ave , Lubbock, TX 79423
| Property Type | Retail | Gross Leasable Area | 6,400 SF |
| Property Subtype | Storefront | Year Built | 2024 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,400 SF |
| Year Built | 2024 |
About the Property
• Brand new construction! This retail center sits directly on Indiana Avenue and offers excellent visibility and access to South Lubbock residents. • The center features up to 3,200 SF of remaining open shell space that can be combined or separated. The endcap features drive-thru capabilities and a 1,500 gallon grease trap.
- 24 Hour Access
- Drive Thru
Nearby Major Retailers
Presented by
12011 Indiana Avenue - Shopping Center | 12011 Indiana Ave
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