Merging Business
with Growth.

We know Commercial Real Estate and we approach each interaction from the client’s perpective.

Commercial Real Estate

Our commercial team consists of the most knowledgeable, results-driven brokers backed by innovation.

View Commercial Listings

Business Brokerage

For business owners considering the sale of their company, our experienced business brokers provide results.

View Business Listings

Residential Real Estate

Our professional real estate team specialize in buying and selling real estate and investment properties.

Residential Listings

The Powell Platform

We Connect

Businesses with powerful, local presence!

We Value

The power of relationships, not just closing deals

We Partner

With trusted allies, to ensure our clients have every advantage.

Who We Are

Responsibility – Focus – Trust – Values – Partnership

company established
+
Closed
Deals
+
Current
Listings
+
Trusting Clients

Featured Listings

19,280 SF BUILDING ON 1.4 ACRES WITH PRIME FRONTAGE

11717 Indiana Avenue , Lubbock, TX 79423

PROPERTY OVERVIEW
Prime location on newly constructed 7 lane Indiana Avenue. South of 114th Street
and near the future Loop 88. Property offers 19,380 SF of space and sits on 1.475
Acres in one of the fastest growing commercial corridor and school districts in the
state. Property is close to Cooper North Elementary and across from Cooper Laura Bush Middle School. Surrounded by multiple single-family, apartment complex, and commercial retail developments under construction. Currently used as a Sports Complex building lends itself as a good opportunity for many types of
businesses.
C-4 zoning allows for a wide variety of uses including retail and industrial. Building
offers Phase 3 electric, 2 HVAC systems, quality insulation, 2 multi-stall restrooms,
3 sets of double entry/exit doors, 3 loft office/storage areas, lobby/showroom,
private office, food service bar, ample parking spaces, and much more.

PROPERTY HIGHLIGHTS
• High Traffic Counts
• Indiana Frontage
• Cooper School District
• Rapid Growth Area

SALE PRICE: $949,999
AVAILABLE SF: 19,380 SF
LOT SIZE: 1.475 Acres
BUILDING SIZE: 19,380 SF
PRICE / SF: $48.97

FREESTANDING RETAIL/DAYCARE BUILDING

2701-2703 Bates Street , Lubbock , TX 79416

PROPERTY OVERVIEW
Free Standing 3,216 SF daycare/retail building sitting on a 19,875
SF lot. Property offers numerous classrooms, (2) 4-stall
restrooms, (1) staff restroom, kitchen, dining area, office, storage,
lobby with privacy self window, secured playground, and ample
parking. Currently being used as a daycare but could be
repurposed for private school, Church, Medical Clinic, Business
office with yard space, and much more. Daycare tenants are
moving out of the building.

 

PROPERTY HIGHLIGHTS
Corner Lot
Large Parking Lot for Pick-up/Drop-off
Fenced Yard
Good 1-3-5 mile Traffic Counts

SALE PRICE: $310,000
LOT SIZE: 19,875 SF
YEAR BUILT: 1984
BUILDING SIZE: 3,216 SF
PRICE / SF: $96.39
ZONING: A-2

STADIUM PLAZA COMING FEBRUARY 2020

216 University Ave., Lubbock, TX 79415

PROPERTY OVERVIEW
New Retail center near Texas Tech Jones AT&T Stadium. 5,000
SF, with drive thru capability on end cap unit. Landlord is open
to restaurants & retail. The property will have 4 suites each
1,250 SF. Property is surrounded by several established, and
developing national restaurants and retail. University frontage
with ample parking.

PROPERTY FEATURES
Close to Texas Tech
High Growth area for National Restaurants and Retail
$20.00 TI PSF
End Cap Drive Thru Available

AVAILABLE SF:
1,250 Divisible
5000 Contiguous
LEASE RATE:
$19.00 SF/YR (With 2%
Increases Per Year For 5 Year
Lease) + $5.50 NNN
Drive-Thru End Cap Unit
$20.00 SF/YR (With 2%
Increases Per Year For 5 Year
Lease) + $5.50 NNN
TENANT IMPROVEMENT: $20.00 PSF
LOT SIZE: 0.52 Acres
BUILDING SIZE: 5,000 SF
ZONING: IHC

2 MULTI-USE BUILDINGS ON 4 ACRES

4809 North CR 1700 , Shallowater, TX 79363

PROPERTY OVERVIEW
2 multi-use buildings on 4 acres for sale in Shallowater. Main building
is approximately 7,750 SF and second building is approximately 1,970
SF. Both buildings have beautiful courtyards, and patio areas. The 4
acres have mature pecan trees, paved parking, and well maintained
landscaping.
Building 1 offers a large entertainment room, several bars and serving
areas, kitchen, (3) Restrooms (1 handicap), 2 additional rooms (one
with shower/private bath), office , and storage galore, outdoor water
fountain. Building #2 offers (3) large rooms/offices, photography and
storage room. Both buildings are fenced. Buildings currently being
used as an Event Center but could also handle corporate retreats, or
youth retreats. Please ask Broker for more details if interested in
inventory/assets offered by owner.

PROPERTY HIGHLIGHTS
• 2 Buildings
• Paved Parking
• Mature Landscaping

OFFERING SUMMARY
SALE PRICE: $999,000
LOT SIZE: 4 Acres
YEAR BUILT: 2012
BUILDING SIZE: 9,720 SF
ZONING: Outside City Limits
PRICE / SF: $102.78

DOWNTOWN PROFESSIONAL OFFICE BUILDING

1604 Avenue M , Lubbock, TX 79401

PROPERTY OVERVIEW
Charming Downtown Office Building built in 1956 currently home to
owner/attorney who is ready to retire. The office has multiple reception
areas, several private offices, multiple conference rooms with floor to
ceiling library currently housing entire law libraries, Site offers off street
parking that can be configured to park 30 vehicles with four (4)
covered spots. The building has (4) HVAC units, one was newly
installed in 2017. The roof was replaced in 2018.
Property is located conveniently to all city, county, and federal
buildings, close proximity to 19th & I-27 with easy access to the loop.
PROPERTY HIGHLIGHTS
• Downtown Location
• Great Traffic Counts
• Easy Access to major highways I-27 and Marsha Sharp 62/82

SALE PRICE: $375,000
LOT SIZE: 16,250 SF
YEAR BUILT: 1956
BUILDING SIZE: 7,173 SF
PRICE / SF: $52.28

DEVELOPMENT TRACTS 114TH AND ALCOVE AVENUE

114th And Alcove , Lubbock, TX 79424

PROPERTY OVERVIEW
191.60 Acres of Development Land divided into 3 Tracts. Located
Southwest between Lubbock and Wolfforth in a developing area. 1/2
mile from newly developing Loop 88, and close proximity to water &
sewer. Alcove and 114th frontage land offers multiple uses. There are
3 wells pumping 300 gallons per minute. Irrigation systems do not
convey. Farmer lease produces $15k annual income. Owner says
property has good water.
PROPERTY HIGHLIGHTS
• Frenship School District
• 114th and Alcove Frontage
• Ample Water
• Developing area

OFFERING SUMMARY
SALE PRICE:
TRACT A:
165.69 Acres
$16,000 Per Acre
TRACT B:
15.91 Acres
$1.00 PSF
TRACT C :
10 Acres
$1.50 PSF
LOT SIZE: 191.6 Acres
ZONIN

INDUSTRIAL/OFFICE/WAREHOUSE FOR SALE

202 36th Street , Lubbock, TX 79404

PROPERTY OVERVIEW
Industrial/Office/Warehouse property. Main building offers (5) five offices, a
reception area, (2) bathrooms, warehouse area with private office with service
window, bathroom, 12′ ceilings, (6) overhead doors, and (2) two HVAC units (one
recently replaced). The roof was replaced in October 2019.
West facing building has a tenant occupying approximately 9,700 SF on a (2) two
year lease that has (1) one year remaining for $2,000 Month/MG.
Overhead door sizes:
10 L x 14 W
7 L x 11 W
12 L x 11.6 W
12 L x 14 W
18 L x 14 W
12 L x 14 W
PROPERTY HIGHLIGHTS
CORNER LOT ON HIGHLY TRAVELED AVE A
MULTIPLE OVERHEAD DOORS
RENTAL INCOME
NEW ROOF
QUICK ACCESS TO I-27 AND LOOP 289

SALE PRICE: $775,000
LOT SIZE: 1.3 Acres
BUILDING SIZE: 45,136 SF
ZONING: M-2
PRICE / SF: $17.17
YEAR BUILT: 1957

7.3 ACRES OF COMMERCIAL DEVELOPMENT LAND

6020 4th Street , Lubbock, TX 79416

PROPERTY OVERVIEW
7.3 Acres of Commercial development land located on 4th Street in a
dense residential area with growing restaurants/retail development.
Great location for Retail center, Apartment Complex, Duplex, Garden
offices, and more. Build to suit available. Contact Broker for more
information.
Property offers approximately 482 feet of 4th Street frontage. Nearby
neighbors include; Market Street, newly built Starbucks, and Super
Wal-mart. Located just South of the Shadow Hills Golf Course. Other
retail/restaurants within a 1/2 mile include; Sonic Drive-In,
Whataburger, Taco Bell, Wing-Stop, Ohana’s, Slim Chickens, A T & T,
Gamestop, and more.

 


PROPERTY HIGHLIGHTS
• 4th Street Frontage
• High Traffic Counts
• Above Flood Plain
• Development Area

SALE PRICE:
$1,042,805
LOT SIZE: 7.367 Acre
ZONING:
Front land portion
Appx. 490′ zoned C-3
Rear land portion
Appx. 125′ zoned A-1
PRICE / SF: $3.25

78 ACRES TO 275.40 ACRES AVAILABLE

7501 4th Street, Lubbock, TX 79416

PROPERTY HIGHLIGHTS
Three parcels of land sold separately or combined ready for development.
Multiple development possibilities beyond the current R-1 and Transitional
Zoning. City water, sewer, & electric next to site. Large housing
development of 459 lots is planned near subject property.
New Frienship school located across street of subject property
Located approximately 2 miles from Loop 289 and Shadow Hills Golf
Course.

Total Sale Price: $1,910,000 — $3,000,000
Total Tract Size: 275.40 acres
Sale Price (A):
Tract Size (A):
$1,910,160
79.59 Acres
Sale Price (B)
Tract Size (B):
$1,872,000
78 Acres
Sale Price (C):
Tract Size (C):
$3,000,000
117.79 Acres
Zoning: R-1/Transitional

What's New At The Powell Group!

Find the latest news, Press Releases, property offerings and events related to Lubbock Commercial Real Estate and The Powell Group.

Kind Words From Our Clients

lion

I have done several Commercial Real Estate deals with the Powell Group over the years, and every time I have been thoroughly satisfied with the results. Whether I was buying or selling a piece of Real Estate or selling a business or even having an appraisal for one of my businesses for financial purposes, I always felt like the professionalism, experience and knowledge that the Powell group was a key to making me completely comfortable in each transaction. This is an professional, knowledgeable and HONEST group! You can't go wrong doing business with David Powell and his team!

John
Happy Client
lion

My husband and I sold our business in Lubbock, TX with the help of David Powell, and it was an excellent experience. David's level of commitment to our transaction, willingness to help us with our first business sale (which required quite a bit of hand holding as it was completely unfamiliar territory for us), and his overall expertise made the experience extremely positive. We appreciated his team's hard work in the background to make sure every detail was properly handled as well. We would recommend David to anyone looking to buy or sell a business.

Jessica
Happy Client
lion

David and Debbie Powell have been a pleasure to work with. They take my crazy ideas, give honest and encouraging feedback, and then try to turn what I want/need into a reality. They put God first in their business and life and truly try to live according to the word of God. For a customer of the Powell group, this means they will work hard for you while being honest, faithful and loving in every personal and business opportunity. They will not take advantage of you in an effort to gain the "almighty dollar". Instead, they will work with you and for you to get you what you need/want for your personal or business needs. They stay committed before, during and after a deal. In fact, many times I have called on their services after a deal has been done to help intermediate between myself and either the owner of a property or a tenant. I have done many personal and business deals that involved both David and Debbie's services, and I can honestly say I look forward to doing many more with the Powell Group.

Stace
Happy Client

What We Do

Commercial Real Estate

Our commercial team consists of the most knowledgeable, results-driven brokers backed by innovative…

Mergers & Acquisitions

If the buyer of your business is likely to be another company or a private equity group, then our M & A…

Business Brokerage

For business owners considering the sale of their company, our experienced business brokers provide…

Franchise Sales

Franchise opportunities are the most successful business opportunities on the planet with over 95% success…

Machinery & Equipment

A machinery and/or equipment appraisal is the independent and unbiased process of determining…

Residential Real Estate

Our professional real estate team specialize in buying and selling real estate and investment properties in…