3331 34th St | Lubbock, TX 79410
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- LoopNet Team
3331 34th St
Lubbock, TX 79410
Murphy Express (Near Texas Tech University) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-Year Ground Lease with 8 Percent Rental Escalations Scheduled Every Five Years
- Signalized Hard Corner Location on Indiana Avenue and 34th Street; Combined Traffic Counts Exceed 54,111 Vehicles per Day
- 2022 Construction
- Near Texas Tech University - Largest Employer in the Metro with Nearly 21,000 Jobs and 40,666 Students Enrolled
- Corporate Guarantee by Murphy Oil USA, Inc. (NYSE: MUSA)
- More than 229,030 Residents Within a Five-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.57 AC
Parking
10 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
170’ on 34th St St
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | R75565 | Improvements Assessment | $818,836 |
| Land Assessment | $72,114 | Total Assessment | $890,950 |
PROPERTY TAXES
Parcel Number
R75565
Land Assessment
$72,114
Improvements Assessment
$818,836
Total Assessment
$890,950
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