Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Key Facts

Year Built 1996
Building Area
Occupancy 94.0 %

Property Description

South Plains Crossing is home to a number of tenants whose sole location in Lubbock and the surrounding region is at the Property. Hobby Lobby has called South Plains Crossing home since 1998 – over two decades–and has claimed the spot as the #1 national Hobby Lobby based on visitor count from this single location. South Plains is home to the only Hobby Lobby and Spec’s locations within 110 miles and 200 miles, respectively.

Investment Highlights

Jones Lang LaSalle (“JLL”) is pleased to xclusively present the opportunity to acquire South Plains Crossing (the “Property”), a 144,241 square-foot regional shopping center located in Lubbock, Texas, home to Texas Tech University. The Property is strategically located at Lubbock’s premier retail intersection, and benefits from an expanded regional trade area stretching 75 miles in any direction. The Property is exclusively anchored by the #1 Highest Trafficked Hobby Lobby in the entire United States and Spec’s Liquor. The acquisition of South Plains Crossing provides an investor with a highly stable income stream.
Last Updated Date: 17 Aug 2020
Chris Gerard
Chris Gerard
Senior Managing Director, Capital Markets
License details
TX-555711
Ryan Shore
Ryan Shore
Senior Managing Director
License details
TX-0469819

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Last Updated Date: 17 Aug 2020

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