LUBBOCK - The 70,000-sf Northpark Village, a grocery anchored center at the intersection 4th St. and Slide Rd., has been sold for $8.2 million.
Lubbock-based United Supermarkets anchors the Northpark Village. Texas Tech University is approximately two miles from the center on 4th St.
The asset is 95.2 percent occupied. National tenants, including Starbucks and GNC, promote cross shopping and provide a steady customer draw. Cincinnati, Ohio-based Phillips Edison & Co. purchased the asset.
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