12602 Indiana ave | Lubbock, TX 79423
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- LoopNet Team
12602 Indiana ave
Lubbock, TX 79423
Oil Changers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Corporate 15-Year Absolute NNN Lease to Oil Changers with Scheduled 10% Rental Escalations in Primary Term & Options
- New 2025 Construction with Double Drive-Thru
- Valvoline Inc. (NYSE: VVV) Announced in February 2025 to Acquire Oil Changers for $625 Million - Acquisition Expected in Fiscal Q3 2025
- No Landlord Maintenance Responsibilities
- Nation's Leading Independent Oil Change Business with 200+ Locations Across 17 States
- Located in Fast-Growing Lubbock - Home of Texas Tech University (41,000+ Students)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,303 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.44 AC
PROPERTY TAXES
| Parcel Number | R343891 | Improvements Assessment | $670,005 |
| Land Assessment | $300,391 | Total Assessment | $970,396 |
PROPERTY TAXES
Parcel Number
R343891
Land Assessment
$300,391
Improvements Assessment
$670,005
Total Assessment
$970,396
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