Northpark Village
US - Lubbock, TX
£8,149,000 | 70,479 sf
Asset Description
JLL is pleased to offer the opportunity to acquire Tri-City Shopping Center (the “Property”), a 151,709 square-foot 100% occupied shopping center anchored by 24 Hour Fitness and Curacao. Located adjacent to the Interstate 10 Freeway (200,000 cars per day) in San Bernardino, the Property enjoys excellent visibility and is surrounded by the industry’s most desirable co-tenants, including Costco, Sam’s Club, and Home Depot. Strategically located at the center of the submarket’s primary retail corridor, Tri-City Shopping Center offers investors a secure income stream with an attractive land basis and assumable financing.
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Attributes
Building area Net
151,709 sf
Occupancy
98.00%
Year built
1987
Land area net
12.61 acres (549,292 sf)
Media
Investment Highlights
- Income Security
- Upside Opportunity with Current Zoning
- Excellent Access and Visibility
- Outstanding Co-Tenants and Retail Location
- High Growth Inland Empire Location in Dense Trade Area
- Adjacent To Key Daytime Density Drivers
- Tenant Longevity
- Attractive Assumable Financing and Cash-on-Cash Returns
Contact brokers
Tri-City Center (0 Properties)
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Last updated
17 Mar 2023
