West TX Eye Clinic - Quaker Ave

Highlights:

• NN Lease | 7+ Years Remaining | 2% Annual Increases Throughout
• 2-(5)yr Options to Renew also with 2% Annual Increases
• Long-term Stable Practice serving Lubbock Since 1998
• Purchased by AVP Texas Vision Management, LLC - Part of a family of 9 Other Medical Practices
• Exclusive New Vintage Township Neighborhood of Lubbock with Avg HH Income $184,000+ in 1 Mile Radius
• Major Thoroughfare to Loop 289 and Medical District with Traffic Counts of 21,000+VPD

Description:

TREK Investment Group is pleased to offer for sale, the West TX Eye Clinic office building in Lubbock, Texas. The subject
property is strategically situated in the new Vintage Township neighborhood featuring some of the most beautiful and
unique new homes and real estate in Lubbock with an average Household income of $184,000+ in a 1 mile radius. West
Texas Eye Clinic is situated along Quaker Avenue, servings as the major thoroughfare to Loop 289 with traffic counts of
21,000+VPD. National and Regional Tenants surround the property such as Walmart Supercenter, Academy, Chick-fil-A, HEB,
Starbucks and more.

LUBBOCK, TEXAS
Lubbock, Texas is a thriving city in northwest Texas with a Metro population of over 324,000+ residents. It is the 11th largest city in Texas and the 84th largest city in the United States with a population increase of 13.61% since the 2010 census. The city has a strong, diverse economy that is based on agriculture, health care, manufacturing, wholesale and retail trade, and education. The Lubbock area is the largest contiguous cotton-growing region in the world. It is home to 4 institutions of higher learning including Texas Tech University, Lubbock Christian University, Wayland Baptist (Lubbock campus) and South Plains College. Texas Tech has the distinction of being the largest comprehensive higher education institution in the western two-thirds of the state of Texas with a student enrollment of over 40,000 annually. Lubbock serves as a medical center for 77 counties with 4 major medical centers offering the most comprehensive health care services between Dallas/Ft. Worth and Phoenix. Lubbock Preston Smith International Airport, an official U.S. Customs Port of Entry, offers four major air carriers and four air freight companies. As the “Hub” of the 26-county region of West Texas and Eastern New Mexico, over 596,000 people look to Lubbock for their shopping, dining, entertainment, transportation and medical needs.
"3 Major Business Expansions Create 400+ Jobs and $103.1M in Capital Investment" June 17, 2020
Announcement by LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE:  https://lubbockeda.org

"HUB" of 26-County Region of West Texas and Eastern New Mexico
Texas Tech University - 40,000+ Students
11th Largest City in Texas | 84th Largest City in U.S.
#3 “Best Large City to Start a New Business” – by WalletHub 2021
Top 3 - Emerging Housing Markets Across US" - by WSJ w/ Realtor.com 2021

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