2703 50th St | Lubbock, TX 79413
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- LoopNet Team
2703 50th St
Lubbock, TX 79413
Murphy USA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-Year Ground Lease with 8 Percent Rental Escalations Scheduled Every Five Years
- More than 215,297 Residents Within a Five-Mile Radius
- Outparcel to Caprock Center, a 255,614-SF Shopping Center (Ross Dress for Less, Dollar Tree) Shadow Anchored by the Home Depot
- Signalized Hard Corner Location on 50th Street and Boston Ave; Combined Traffic Counts Exceed 34,103 VPD
- Near Texas Tech University
- Corporate Guarantee by Murphy Oil USA, Inc. (NYSE: MUSA)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,824 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,024,515 | |
| Land Assessment | $768,450 | Total Assessment | $1,792,965 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$768,450
Improvements Assessment
$1,024,515
Total Assessment
$1,792,965
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