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Pinnacle C-Store - Lubbock, TX 2815 Slide Rd 4,927 SF Retail Building Lubbock, TX 79407 $3,200,000 ($649.48/SF) 7.50% Cap Rate
Investment Highlights
- Strong Corporate Guaranty: Pinnacle is based in Houston, TX, and operates over 70 locations across Texas and two additional states.
- Triple Net Lease: Zero landlord responsibilities, delivering truly passive ownership.
- Proximity to Major Retail Hubs: Nearby retail developments include South Plains Mall, Canyon West Shopping Center, Promenade at West End, and more.
- Bonus Depreciation Eligible: This site qualifies for bonus depreciation, offering meaningful first-year tax advantages.
- Prime Signalized Intersection: Strategically positioned at a signalized four-way intersection with multiple points of ingress and egress.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 4,927 SF Pinnacle C-Store located at 2815 Slide Rd in Lubbock, TX. This deal includes an investment-grade tenant with strong brand recognition and a proven track record of performance in the fuel and convenience retail sector, positioned for dependable long-term performance in a prime retail corridor.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,927 SF
Building Class
C
Year Built
1997
Price
$3,200,000
Price Per SF
$649.48
Cap Rate
7.50%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.60 AC
Zoning
N/A - No Zoning
Parking
4 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
73’ on 29th Dr
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pinnacle Oil & Gas
- Retailer
- 4,927 SF
- $48.71
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pinnacle Oil & Gas | Retailer | 4,927 SF | $48.71 | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R92392 | Improvements Assessment | $161,250 |
| Land Assessment | $78,750 | Total Assessment | $240,000 |
Property Taxes
Parcel Number
R92392
Land Assessment
$78,750
Improvements Assessment
$161,250
Total Assessment
$240,000
Contacts
-
Matt Montagne -
Tyler Ellinger -
Max Freedman -
Sands Investment Group Austin, LLC
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Pinnacle C-Store - Lubbock, TX | 2815 Slide Rd
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