5207 98th St
Lubbock, TX 79424
Children's Orchard Academy · Retail Property For Sale
Property Facts
About 5207 98TH ST , LUBBOCK, TX 79424
• Christian Based Preschool with 10 Locations & Growing • 15 Year Absolute NNN Lease – Zero Landlord Responsibility • New 2018 Construction – Currently Under Construction Expected to Open June 2018 • Corporate & Personal Guarantee from Seasoned Operator - Established 35 Years Ago • 1% Annual Rent Escalations • High Density Residential & Strong Demographic Suburb of Lubbock, TX • Child Care is a $48 Billion Dollar Industry, Internet and Recession-Proof and Provide Essential Services to Working Families • Above Average Household Incomes - $108,411 in 1-Mile Radius Which is 1.5 x National Ave • 5-Mile Population - 158,762 Residents - 13.62% Growth in the Last Several Years • Projected Growth in a 5-Mile Radius is 7.10% Over the Next 5 Years • Traffic Counts - 98th St Exceed 24,610 Vehicles Per Day & 24,800 Vehicles Per Day on Slide Rd • Surrounding National Retailers Include CVS Pharmacy, Starbucks, Pizza Hut, Dollar General, Sherwin-Williams, Sonic, and Many More
Property Taxes
| Parcel Number | R118725 | Improvements Assessment | $0 |
| Land Assessment | $1,090,000 | Total Assessment | $1,090,000 |
Property Taxes
