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2501 82nd St
Lubbock, TX 79423
Murphy Usa · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand new 2023 construction with an estimated rent commencement of February 2023
  • Attractive 8% rental increases every 5 years for the life of the lease
  • Located at the hard signalized corner of 82nd St & University Ave
  • 20-Year Absolute NNN ground lease with zero management responsibilities
  • Corporately guaranteed lease (S&P rated BB+)
  • Traffic counts at the intersection exceed ± 62,000 vehicles daily

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
2,824 SF
Building Class
B
Year Built/Renovated
2022/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.58 AC
Zoning
-
Parking
16 Spaces (5.67 Spaces per 1,000 SF Leased)
Frontage
230’ on 82nd St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R85751
Land Assessment
$281,650
Improvements Assessment
$1,156,884
Total Assessment
$1,438,534
  • Listing ID: 26574593

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 2501 82nd St, Lubbock, TX 79423

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