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Memphis Place Mall 3801 50th St
6,910 - 13,975 SF of Space Available in Lubbock, TX 79413
Highlights
- Covenant Health Systems Clinic Location
- Professionally Property Managed
- Over 41,000 daily traffic count
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 6,910 SF | Negotiable | $19.14 CAD/SF/YR $1.59 CAD/SF/MO $205.98 CAD/m²/YR $17.16 CAD/m²/MO $11,019 CAD/MO $132,229 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 4&5 | 7,065 SF | Negotiable | $24.10 CAD/SF/YR $2.01 CAD/SF/MO $259.38 CAD/m²/YR $21.61 CAD/m²/MO $14,187 CAD/MO $170,245 CAD/YR | Triple Net (NNN) |
3801-3821 50th St - 1st Floor - Ste 1
- Lease rate does not include utilities, property expenses or building services
3801-3821 50th St - 1st Floor - Ste 4&5
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Fits 18 - 57 People
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.
SITE PLAN
SELECT TENANTS AT Memphis Place Mall
- Tenant
- Description
- US Locations
- Reach
- Braces Braces Braces-Abbeville
- Health Care
- 1
- Local
- Covenanthealth Medical Group Sw Diagnostic Clinic
- Health Care
- 2
- Local
| Tenant | Description | US Locations | Reach |
| Braces Braces Braces-Abbeville | Health Care | 1 | Local |
| Covenanthealth Medical Group Sw Diagnostic Clinic | Health Care | 2 | Local |
PROPERTY FACTS FOR 3801 50th St , Lubbock, TX 79413
| Center Type | Neighborhood Center | Gross Leasable Area | 52,741 SF |
| Parking | 180 Spaces | Total Land Area | 3.73 AC |
| Center Properties | 1 | Year Built | 1973 |
| Frontage | 615’ on 50th St |
| Center Type | Neighborhood Center |
| Parking | 180 Spaces |
| Center Properties | 1 |
| Frontage | 615’ on 50th St |
| Gross Leasable Area | 52,741 SF |
| Total Land Area | 3.73 AC |
| Year Built | 1973 |
About the Property
Located at the intersection of 50th St. and Memphis Avenue, and positioned between two of Lubbock’s main throughways, Quaker Ave. and Indiana Ave. A very notable location of inner-loop Lubbock which sees a total of over 41,000 vehicles per day. Excellent property for medical-related and other commercial uses. The building conveniently has 3 entrance points and 6 curb cuts for vehicle access. The property also contains 615’ of 50th St. frontage providing exceptional visibility. Tenants include: Covenant Southwest Diagnostic Clinic, Rosa’s Barber Shop, Dermasmooth and Abbeville Dentistry.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
-
Randy Egenbacher -
Tate Martin -
Egenbacher Commercial Properties
Presented by
Memphis Place Mall | 3801 50th St
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