Shadow Hills Shopping Center is an 11,201-square-foot, multi-tenant retail center located in a densely populated area of Lubbock, Texas. The center is currently 100 percent occupied, and 84 percent of the gross leasable area has triple-net. Tenants are a complementary mix of internet-resistant, service-oriented businesses, including Regional Finance, CBD Shop, Eskimo Hut, Locker Room Haircuts, Sunshine Massage, and Pizza Hut. Constructed in 2005, the center is situated on 1.16 acres with concrete parking, and a pylon sign that provides additional visibility to the center.
The subject property is located on Frankford Avenue, near the intersection of Frankford Avenue and 4th Street. Traffic counts in front of the property exceed 21,096 vehicles per day on Frankford Avenue. The property is near a top performing Walmart Supercenter, ranking in the 89th percentile based on annual visitors to all Walmart stores in the state of Texas and the 92nd percentile in the United States (Source: Placer Labs Inc.). Other retailers in the area include Bahama Buck’s, Sonic Drive-in, Wendy’s, Little Caesars Pizza, Taco Bell, GameStop, Chick-fil-A, Raising Cane’s, Dollar Tree, WingStop, Cato, Sally Beauty Supply, Spec’s, Whataburger, and many others. The surrounding area is densely populated with more than 152,675 residents within a five-mile radius.
- 11,201-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | 84% of the Gross Leasable Area has Triple-Net Leases
- Complementary Mix of Internet-Resistant, Service-Oriented Businesses
- Current Average Rents are Well Below Market
- Constructed in 2005 | Building has a Metal Roof | Situated on 1.16 Acres with Paved Parking
- Pizza Hut End Cap Suite has a Drive-Through Window
- Pylon Sign at the Entrance Enhances Visibility
- Located Near the Signalized Intersection of Frankford Avenue and 4th Street | 21,096 Vehicles per Day on Frankford Avenue | 17,281 Vehicles per Day on 4th Street
- Adjacent to a Top Performing Walmart Supercenter | Ranked in the 89th Percentile for the State of Texas and 92nd Percentile in the United States Based on Consumer Traffic Compared to Other Walmart Locations (source: Placer Labs Inc.)
- Densely Populated with More Than 152,675 Residents Within a Five-Mile Radius
- Lubbock is the “Hub City” for the South Plains | Economic, Educational, and Healthcare Hub of a Multi-County Region
- Home to Texas Tech University | Current Enrollment Exceeds 38,800 Undergraduate and Graduate/Law Students
- Air Service Provided by Lubbock Preston Smith International Airport | Approximately 520,000 Passengers Annually (United States Department of Transportation, 2019)
