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Investment Highlights
- Newly constructed industrial facility (2024) with modern design and low maintenance requirements.
- NNN lease structure with a strong 7.5% cap rate, minimizing landlord obligations and maximizing returns.
- Fully leased to a national tenant through 2030 with two five-year renewal options, ensuring long-term income stability.
- Strategic location outside city limits on a 1.15-acre fenced lot, offering operational flexibility and easy access to major highways.
Executive Summary
This newly constructed industrial property offers a rare opportunity to acquire a stabilized, income-producing asset in the growing Lubbock market. Built in 2024, the facility spans 4,400 square feet with an additional 600 square feet of loft storage, situated on a fully fenced 1.15-acre lot. The site includes ample parking, a covered front porch, and two oversized 12’ x 14’ overhead doors, making it ideal for a wide range of industrial and service uses.
The property is fully leased to a national tenant specializing in professional automotive maintenance products and services, ensuring reliable income through December 2030. The lease includes two additional five-year renewal options at market rate, providing long-term stability and predictable cash flow. With a 7.5% cap rate and NNN lease structure, this investment minimizes landlord responsibilities and offers strong returns.
Located outside city limits, the property benefits from fewer regulatory constraints while maintaining excellent access to major transportation routes, including Highway 84 and North Frankford Avenue. As a modern, 2024-built facility, investors gain the advantage of reduced near-term capital expenditures and a property designed for operational efficiency. This is an exceptional opportunity to secure a high-quality industrial asset in a strategic West Texas location.
The property is fully leased to a national tenant specializing in professional automotive maintenance products and services, ensuring reliable income through December 2030. The lease includes two additional five-year renewal options at market rate, providing long-term stability and predictable cash flow. With a 7.5% cap rate and NNN lease structure, this investment minimizes landlord responsibilities and offers strong returns.
Located outside city limits, the property benefits from fewer regulatory constraints while maintaining excellent access to major transportation routes, including Highway 84 and North Frankford Avenue. As a modern, 2024-built facility, investors gain the advantage of reduced near-term capital expenditures and a property designed for operational efficiency. This is an exceptional opportunity to secure a high-quality industrial asset in a strategic West Texas location.
Property Facts
| Price | $1,025,000 | Rentable Building Area | 5,000 SF |
| Price Per SF | $205 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.27/1,000 SF |
| Building Class | B | Clear Ceiling Height | 20’ |
| Lot Size | 1.16 AC | ||
| Zoning | county - outside city limits | ||
| Price | $1,025,000 |
| Price Per SF | $205 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.16 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Tenancy | Single |
| Parking Ratio | 2.27/1,000 SF |
| Clear Ceiling Height | 20’ |
| Zoning | county - outside city limits |
Property Taxes
| Parcel Number | R337311 | Improvements Assessment | $311,556 |
| Land Assessment | $80,688 | Total Assessment | $392,244 |
Property Taxes
Parcel Number
R337311
Land Assessment
$80,688
Improvements Assessment
$311,556
Total Assessment
$392,244
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4209 N County Road 1765
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