Nestled in the heart of a rapidly expanding community, this prime tract of land offers unbeatable access to major highways and nearby residential areas, making it perfect for retail and office spaces. The momentum of ongoing development and the rising population density signal a robust and continuous demand for commercial services. Located in the bustling area of south Lubbock, this property benefits from the recently completed 7-lane thoroughfare expansion on Quaker Avenue extending from 98th Street to 130th Street. This strategic location is anchored by big-name retailers such as Walmart, HEB, and Academy, ensuring heavy foot traffic and immense growth potential for future developments.
Located in south Lubbock at the southeast corner of 112th Street & Quaker Avenue.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.