For Sale: Grace Medical Plaza, Lubbock, Texas – NGKF Capital Markets

Grace Medical Plaza – $1,653,150 ($50/RSF)


Premier Facility

High identity multi-tenant medical office building situated on campus at Grace Hospital Medical Center.

Strategic Location

The property is located on the campus of the 123 bed Grace Hospital Medical Center, a Grace Health System hospital in an easily accessible high density area at the intersection of University Avenue and 50th Street.

Excellent Value-Add Opportunity

Grace Medical Plaza currently stands at 34% occupancy offering an investor or owner user practice a tremendous opportunity to add substantial short term value. The offer price of $50.00 per square foot is extremely low for an on-campus medical office property.

Hospital Investment

Grace Hospital Medical Center recently underwent an internal investment in infrastructure with renovated and modernized patient and operating rooms in addition to adding a 6 bed intensive care unit.

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