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1627 County Road 7340 5,828 SF Industrial Building Lubbock, TX 79423 $1,077,000 ($184.80/SF)
INVESTMENT HIGHLIGHTS
- Single Tenant Investment Opportunity
- Four Years Remaining On Initial Term
- NN Lease Type
EXECUTIVE SUMMARY
1627 County Road 7340 is an office warehouse spanning 5,828 square feet on 1.03 acres. The industrial distribution facility is fully leased to a single credit tenant on a Double Net lease, leaving minimal landlord responsibilities. There are approximately four years remaining on the initial term of the lease and two 60-month renewal options.
It features a 1,000-square-foot office space with a restroom and an implement shed. The remaining space accounts for the warehouse area, which is heated and cooled with blown foam insulation. It includes two 14-foot by 14-foot overhead doors, a Big Ass Fan, 16-foot wall height, 23-foot eave height, and gas overhead units.
It features a 1,000-square-foot office space with a restroom and an implement shed. The remaining space accounts for the warehouse area, which is heated and cooled with blown foam insulation. It includes two 14-foot by 14-foot overhead doors, a Big Ass Fan, 16-foot wall height, 23-foot eave height, and gas overhead units.
PROPERTY FACTS
| Price | $1,077,000 | Lot Size | 1.03 AC |
| Price Per SF | $184.80 | Rentable Building Area | 5,828 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2021 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B |
| Price | $1,077,000 |
| Price Per SF | $184.80 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.03 AC |
| Rentable Building Area | 5,828 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Briggs
- Transportation and Warehousing
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99,999 SF
- -
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Lorem Ipsum
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Briggs | Transportation and Warehousing | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Number | R97143 | Improvements Assessment | $436,091 |
| Land Assessment | $22,434 | Total Assessment | $458,525 |
PROPERTY TAXES
Parcel Number
R97143
Land Assessment
$22,434
Improvements Assessment
$436,091
Total Assessment
$458,525
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1627 County Road 7340
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